Re: Pro or Con - let's go through it
in response to
by
posted on
Jan 10, 2010 10:35PM
Crazy fluctuations? There are maybe 20 or 30 days a year where it would be worth day trading....and that is if you called it right. Unless you are talking about .5 cents or less, and the volume doesn;t support that kind of action. I also believe short sellers are virtually non existant. That is tough to check on the overseas market. Based on the SEC reports this has been fairly easy to see why it is where it is at. Pull a 5 year chart it is essentially a ski slope with a few bumps. A silent CEOless company it is...crazy fluctuations?....I sure don't see that. At best for swing trading it has provided a few opportunities, but they have been few and far between.