i liked getc.. everything looked good last night but the volume was lo it is like 566,000 now . i usually look for something with @least 20 million and higher.. so i chose not to get into getc and look it is up 0.59 +0.10 (+20.41%) and bounceing back and forth i watch it all day today and when it got back down to it entry point still did not get in thinking run is over well it is back even high now lol..
so would you have went after this stock with the low volume or not did i make the right choise.. i am new and still learning thanks
Posted by WWJD-thru-me on :
Half a million shares isn't low volume for a stock with a smaller number of total shares. Some of the penny stocks that usually trade the high volume on a daily basis will never be able to have the quick movement low supply and big demand can set up. I don't know enough about what GETC is to know whether it was a good trade or not. I clicked on it on OTCcharts when it first started breaking out and there was no data on file-made me think I would rather miss the run than to buy something I had no clue about. You don't want to buy at the top and be a bag holder regardless of the volume.-Debi