Tuesday, February 21, 2017 11:43:38 AM
Also, in my opinion, with a stock trading under $5, and such low volume, a single trade order can move the price considerably. Hence, I wouldn't consider the stock to be up or down within a $0.25 range from previous close. This past weeks sell off was was great volume, but it still took almost two full days for my purchase order to be filled. If I'd placed the same volume order last week of January as a market order, the stock price could have jumped above $3 based on volume of sell orders in the que. Then the price would have fallen right back under $2 - all based on one foolish market order.
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