Investors sometimes target micro-cap stocks for "pump and dump" schemes, where they talk up a given micro-cap stock and wait for others to pump up the stock price. After gains are priced in, they quickly dump their shares and harvest profits and the stock quickly falls back to earth.
The smaller the value of a company, the easier it is to manipulate its stock price. So, micro-caps like VXIT are among the worst types of stocks to buy. Should steer clear of any stock that had significant declines. Particularly those that are trading very close to zero.VXIT closed @.0007!