Seems as if you left something out...yes they drift down after a spike and then they drift up 2, or if there is posetive news(as we just witnessed with slmu) they run up a huge spike fast!!IMO
standintall
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Thursday, August 25, 2011 5:30:11 PM
Re: Snizzle post# 17108 Post # of 17114
The difference is that, over time, with low volume, more and more discouraged sellers sell but few buyers decide... "hmmm.. this lack of volume is very enticing... I think I'll buy more".
Penny stocks seldom stay at the same level once they have traded upward and with limited volume, they always drift downward.
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