Personal Finance on Yik Yak | Own any low-liquidity stocks? I found a holding company with a 6+% dividend, but their daily avg volume is only ~18k, and asks/bids are only 1 or 2 shares

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Personal Finance 6d

Own any low-liquidity stocks? I found a holding company with a 6+% dividend, but their daily avg volume is only ~18k, and asks/bids are only 1 or 2 shares

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Anonymous 6d

They’re not terrible if you’re holding long term. What’s the company?

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Anonymous

#1 6d

It’s NL Industries (nyse: NL), but my brokerage won’t let me start a limit order, because of the low volume (because it may never get filled?), so id either have to put in a market order (possibly paying way more than i want) or dozens of onesies and twosies

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Anonymous

OP 6d

I guess you would have to just do the limit orders.

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