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Old 02-04-2006, 01:23 PM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally Posted by Biggy
the volume is so light... youre talking less than $30k worth of volume each day.. with such little volume, if the demand for the shares dies down, the shares will become worth nothing. They made $500k net profit on the year... nice upward trend, but the stock is so small, I would never buy it - way too risky. The stock conveniently sold on the day high, looks like one transaction drove the price up.
actually small and micro cap stocks offer some of the best returns. if you know how to pick them the risk isn't greater than a large cap. greater inefficiences and less analyst coverage means its easier to pick the big movers.
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