So after all of the feedback I received on my last post, in addition to more due diligence, I am ready to start accumulating some GFED.
Seeing that it's relatively illiquid, what's the best way to pick up shares?
I guess I'll just put in a limit order and see what I come up with. Seeing that it's trading at $7.25 flat for the past couple of days, would it make sense to put in a limit order of, say, $7 even to see if it gets filled?
I've never bought a stock with such low volume, so this is new business for me.
And if that were my approach based on current volumes, what are the chances that I get filled by under cutting the current market price?
Anyway--thanks for the help!
PS Not that I'm looking to trade this at all; in fact, I'll probably pick up a few shares for my IRA.