HCMC - Temporary Issues resolved

A shame I can’t buy any atm :man_shrugging:

I hope they reopen before the market closes.

Did you put limit order or market order? I still can not put limit order.

I always market order mate

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So, let me see if i understand, 212 has block the buy option to PREVENT hcmc to be suspended?
So, just bec was a probability to be suspended they diced to suspend the buy option straight away!
This si ridiculous!!!

What’s done is done :slight_smile:

Thanks man. I kept persevering like you said and kept being rejected then it let 3 orders slip through. Now hold 240,000 at 0.0022 average. Time to announce the settlement WHOOSH :rocket: :rocket: :ringer_planet:

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No, you don’t!..

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What time did you manage to get 0.0022? The charts don’t show HCMC hitting that buy price at all yesterday. They show 0.0029 in the first hour and 0.0032 in the last hour.

That’s his dollar average price as he’s no doubt held another position that cost less than the price you’ve stated

The issue has been resolved so BUY restrictions on HCMC have now been lifted.

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I’d just like to add to my previous comment that the current 500,000 maximum shares per order for HCMC & other :us: penny stocks is not our choice but rather enforced on us by the exchanges & our execution intermediary.

It’s a regulatory requirement that cannot be avoided, unfortunately.

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Much appreciated, David!

It’s currently possible to create both market and limit orders in excess of 500,000 shares. Will these be rejected upon execution or has the restriction been lifted?

Is it possible to create multiple orders of 500,000 shares?

Why isn’t HCMC available in the ISA platform?

OTC market isn’t a HMRC recognised exchange.

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I have never traded penny stocks myself but I now realize the importance of fast execution (having a good read online), I thought these T212 guys have millions in the bank :grinning_face_with_smiling_eyes:…500K/1M of HCMC etc, I tried a buy test out of curiosity and realized these are “micro” pennies if such a thing exists! 500K = ~ -£1227

How are these created at such a small size e.g. 0.0022 and Amazon at 1 share = $3K - blows my mind!
Do penny stocks get converted at some when things take off?
hcmc1

Generic comment:

David its telling me the minimum amount to invest is 1000 USD is this a mistake

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I think that’s just on limit orders. You could try a market order, but there is a risk of price fluctuation.

I only heard about the HCMC opportunity via this topic. Where is the best place to go for more info?