When you see 5 mill traded understand many of those shares came from flippers. Also understand 5 mill only equals $500,000, not a lot of money. I usually try and buy a minimum $50,000 shares when I trade but with SAPX it's not possible. I flip SAPX in my trading acct all the time for small gains offsetting my longterm SAPX holdings. So far I'm averaged in at having a nice profit even if SAPX went to zero. As for PEIX if you pull up a 8 yr chart you'll see it was $300.00 pre split. June 11, 2011 had a 7- 1 split and today trades at .91. Mark my words there will be another PEIX delisting warning and split. I've traded it a few times. The charts tell the story with many stocks- full blown bull mkt and some stocks trade down but yes PEIX had a great run. Do you think shareholders that saw $1.80 don't wish they'd sold? As for whether or not I know what I'm doing http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74771949 Not a basher but certainly will not hide the truth about any stock I play. Do you know how much cash on hand SAPX has?
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