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3
votes
1answer
111 views

How can OTC scams affect you?

I learned a hard lesson today, and fortunately it wasn't that bad. I invested a few thousand dollars in a penny stock carelessly (via ETRADE, with the intention of doing a short term trade, or a day ...
7
votes
4answers
341 views

How risky are penny stocks?

I've recently gotten into several discussions on penny stocks, and I intuitively know that they're far more risky than large cap companies with real assets, but is there any measure of how risky they ...
3
votes
2answers
134 views

Does a rescheduled conference call generally mean “something's wrong” with a company?

A small, speculative company in my portfolio made the grand press release that they were rescheduling their quarter end conference call for one day later (oh my!). The stock promptly lost nearly ...
2
votes
1answer
178 views

Does technical analysis work on penny stocks?

Does technical analysis work on penny stocks? If yes, and we're talking about stocks that trade under $3, is there a point at which it stops being effective? If yes, does technical analysis work the ...
3
votes
2answers
975 views

How does anyone make significant money on very low volume stocks?

After getting some answers to a related question, I thought I'd post a follow-up. It seems that if there is a low-volume stock, even with significant daily swings in stock price (e.g. 10-15%), one ...
2
votes
4answers
2k views

Consequences of buying/selling a large number of shares for a low volume stock?

Out of curiosity, I've casually followed some penny stocks that trade for under a dollar a share, and find occasional swings up of 10-15%. One naive interpretation of this fact is that if I bought ...