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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: Chris O'Keefe who wrote (735)4/28/1998 3:30:00 PM
From: Eric J. Beyer  Read Replies (1) of 2911
 
In reply to: <<Then the stock tanks to minus 27%>>
When dealing with a stock under $1.00 a 27% daily price change is not uncommon. I've had stocks in the past that traded between .125 (1/8)-.25(1/4) all day. 1/8 X 2 would be a 100% move in one day. It's hard for small investors to get close to the best prices usually though. The market makers and big players make money using huge blocks and tiny spreads. Anyway, I hope everyone on this thread realizes that this isn't a "widows and orphans" stock. I.E. don't invest your life savings in it. I'm going to hold my shares and follow it closely. Good luck to all of us.
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