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Re: lmcat post# 2746

Thursday, 12/22/2011 12:07:23 PM

Thursday, December 22, 2011 12:07:23 PM

Post# of 62039
On a more serious note. Could it be that these are buys made by people who can't afford anything else? And by that I mean, I think there are probably more than a few people who started out with whatever amount of cash, probably a small amount, and were hoping beyond hope to make a killing in penny stocks. Many of these folks have been "cold busted" to the point they can't make much of a buy because now they only have a few bucks in their accounts. I see these small buys as an attempt to at least get back to somewhere around even with the board. Maybe there are a lot of other reasons for such small purposes but I can't think of any right now.

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