ameritrade question....

Omegachi

Diamond Member
Mar 27, 2001
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i am having trouble selling my shares of an OTC stock . the closing price is always at the price i want to sell at, but for some reason ameritrade is just not selling it for me. I have been putting in my sell order all last week, and even tho it always ends trade at the price i want to sell, they don't sell it for me... do you guys have the same problem? what should i do?
 

Orsorum

Lifer
Dec 26, 2001
27,631
5
81
Is it possible the stock simply isn't selling? How many shares are you looking to sell?
 

hans007

Lifer
Feb 1, 2000
20,212
18
81
well for your stock to sell


it has to sell for the bid price, not the current. besides someone has to buy your whole lot of shares. i've had this happen many times with ameritrade, when i wanted to sell like a 500 share block , and there werent buyers for it.
 

Orsorum

Lifer
Dec 26, 2001
27,631
5
81
Originally posted by: hans007
well for your stock to sell


it has to sell for the bid price, not the current. besides someone has to buy your whole lot of shares. i've had this happen many times with ameritrade, when i wanted to sell like a 500 share block , and there werent buyers for it.

Yep, that's what I was thinking.
 

Omegachi

Diamond Member
Mar 27, 2001
3,922
0
76
btw, do you guys know what form i gotta fill out to do a transfer of ownership of an account in ameritrade?