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Replies to #30202 on lowtrade
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lowtrade

04/03/12 1:52 PM

#30206 RE: hdsstocks #30202

Actually no. Exceptable Liquditity for a double zero stock is 10 million shares a day. And it has had that previously. It's all in the numbers. Not the picture the eye sees.

At 10 mill a day, you could trade 1 million shares of a .001 stock, That would be $1k, .005 $5k. etc. Ok size trades for the average OTC retail trader.

But NEIK was trading under 100k shares on a single zero stock. For single zero stocks 1 million shares a day is exceptable liquity. Thus if the price pops on 1 million shares 1 day and you buy 10%. You hold what was 100% of an average daily trading volume. How can you sell 100k when 100k is what normally trades all day. See my point. No volume stocks can get you caught with no one to sell to real easy.