What amount should I sell my shares at?

I own a stock that’s about $17 market value. I’m a beginner. The stock went from $10 to $17 in a week. I tried to sell some shares at market value, but because it’s a pink sheet/OTC, I was told to set a limit order. Should I set it higher than $17, and approximately what amount?

Stocks, Starting Out
Sort By:
Most Helpful
4 days ago

You should always use limit orders irrespective of what market it is. Market order in the thinly traded security is giving away all your gains to someone at another side. Use your discretion when setting up the limit order generally middle of the bid and ask price or close to last sale price. 

3 days ago
6 days ago