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cintrix

06/29/10 9:23 AM

#1883 RE: newbie65 #1881

Yes and no. Since the example you gave me is a triple zero stock that is trading at about as low as it could trade at - the lowest you can see it trade at would be no bid and an ask of .0001 (which would mean you probably couldn't even sell it). Generally, good bid support and a smaller ask does mean it is more likely to uptick on buys. I don't know anything about that stock you showed me. If there is some type of promo going on and a lot of people are playing it then, yes, it could move up with nice bid support. But, generally, on a triple zero stock trading that low, it takes loads and loads of buying to uptick because those type of plays are so dilutive. If it is pumped enough there are chances of a stock with a huge os to uptick, but I would be very careful and if you are up to secure your profits early before it crashes back down again.