[mage lang="" source="flickr"]buying and selling penny stocks[/mage]
why would a penny stock go from selling almost a half million shares to 2 million in one day?
I have shares in a penny stock but have seen tremendous (sp) increase in shares being bought and sold in the last week. Prices have flucuated . Any reason?
If you are talking about a huge increase in selling, it could be a large stock holder cashing out. This can be because the company is about to fold, or the stock has reached the sale point the seller decided he wanted.
If there is both buying and selling, it is probably due to a news report in one of the major business journals or the whims of the internet.
Making fast money buying and selling penny stocks