https://rightsideofthechart.com/mbii-pullback-to-support-offers-new-entry-or-add-on/ Stock Trading, Investing & Market Analysis Thu, 09 Mar 2017 02:19:58 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/mbii-pullback-to-support-offers-new-entry-or-add-on/#comment-910 Mon, 22 Feb 2016 16:37:48 +0000 http://rightsideofthechart.com/?p=169910#comment-910 To add to my notes; as with most thinly traded stocks, limit orders are often preferable to market orders. For example, when buying, if the MBII is at 1.09 x 1.14 (bid 1.09/ask 1.14), I will often place a buy limit order close to but just below the ask price, say, around 1.12 in this example. You can also set an AON (all-or-none) conditional on your order to prevent getting only a partial fill before the stock moves away from your price but that will lessen the chances that your order is filled. Bottom line is that this is an aggressive, low-priced, thinly traded stock so be careful & probably best to pass on it if you are not comfortable or experienced with these types of trades.

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