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Re: KeepItRealistic post# 55912

Thursday, 11/22/2018 1:23:51 PM

Thursday, November 22, 2018 1:23:51 PM

Post# of 61601
It's no longer a good stock to flip. Trading volume is pathetic and has been for a long time. Even if this thing trades on 100 million shares volume, it's only $100k in cash trading hands. Not enough dollar volume for serious money making opportunities. The risks far outweigh the potential for rewards.

I agree with Xylan. Those buying now thinking the price is cheap and they can make a quick buck on a pop will most likely end up getting out of the trade at a loss as the share price continues to plummet. By the time the share price "pops" 200% they'll be down 50% or more. Not to mention that pops are too few and far between on this ticker. Much better candidates in penny land for swing trading opportunities.