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Originally Posted by $5 submissions
What's the volume on this puppy?
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Really low. According googlefinance Avg. 27k shares a day. It would take me 3 days on average to get out of this stock. So, "if the shit hit the fan" I wouldnt be able to get out without significant lost, even despite being significantly up before.
Thats another big risk with penny stocks. One day you wake up , "shit hit the fan" and you have no way to get out without taking 50-70 percent loss. It happened me this year with some small company and their FDA approved product - only later FDA recommend not to use that product. You wake up and just realize, WTF is that agency about? Maybe big pharma boys were pushing their agenda. Now that small company is on the way to BK.