It should go through as soon as there is a seller that is willing to match your price and quantity. Check volume to see if there has been any trading.
Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days.
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Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.
I use after hours trading all of the time. There is no way to know how fast it will go through if you put a limit price below the most recent trade price.
If you put in an order at or .01 above the listed asking price, the order usually goes through within seconds.
Basically, it goes through as soon as someone is willing to sell you their shares at your bidding price.
trying to buy,Status has been open for past 20min
