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joanie

01/25/11 11:12 AM

#1100 RE: pire #1092

Some people sell just to bail if they hear the slightest thing that gives them pause when it comes to penny stocks. And, we can see why. it doesn't take a lot of money coming out of a company like EBIG for the stock to drop drastically. Think about it.. $20,000 can make a stock drop 20% no problem. It could make a stock go up 20% or 70% if it's thinly traded enough. Get some big news and watch it soar just because people jump in hoping to make a big buck on a quick flip. I think we can expect a lot of volatility as we get closer to the IPO dates and as the dates come and go.