SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: MoneyMade who wrote (31033)10/7/1998 12:02:00 PM
From: CrazyTrain  Read Replies (1) | Respond to of 34592
 
This could be a good stock I do not no anything about it but to tout the 66% increase today is misleading when you see the volume and the spread. Moving fast is bad for new investors if only one or two orders get to see the gain. You won't find enough new buyers to support the gain. Then you have little chance of selling at the increased price unless a lot more volume comes in.

Do you buy penny stocks that have gone up over 50% on very little volume? It appears to me that you already got your increase and are looking for the volume you will need to actually sell for a profit. I mean you no harm and if MDMI is a good company then you will do well in the long run. BTW - Your post sounded like MDMI was on fire and we had better jump on the wagon quickly yet it took another two and a half hours before another trade went through.