Profire Energy, Inc. (PFIE)

[jugs]

Volume is as anemic as ever---no chance of making money here whether thru trading/speculation or longer term investing.

When just a couple of thousand shares of a company's stock represents the opening half-hour foray into the trading day, there can be no doubt but that this is a stock pick strictly for super hump change and not to be respected as anything more.

Some will look at the current price of $1.10 and think it represents a sure thing, that it will soon climb back to $1.31 or so. And that's possibly the case, representing the potential for at least a 25% gain, right?

Wrong!!! It could take a long time to happen. Worse, a position of 5,000 shares costing $1.10 won't happen because it will tick higher on your demand. So you'd wind up paying $1.15 or greater, in all likelihood. And that means you'll need more time to gain the leverage you sought in the first place. Then, we factor in the possibility of nothing happening for a long time. Meanwhile, your money is tied up in a worthless piece of garbage.

Buying this is a dumb move in my opinion.