Allstocks.com's Bulletin Board: What effect would my buy-in have on the stock?

This is topic What effect would my buy-in have on the stock? in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by id4rox on :

I am wondering, when I do my buy on a low priced stock, would I have an effect on the price? I am very curious and intrigued by the thought...

Heres the quick 411: Average volume is 10K, yesterdays was 17.5K. If I buy this stock, say 113K shares, and increase the trading volume for the day by more than 6 fold, will I have any effect on the stock's price?

I am very curious as to what you all think about this question

Posted by sammad on :

will your trade even go through because of the of how much you want to buy...also even if it does go up...there is no one to buy ur shares

Posted by newstockpicker on :

Be careful ... very low volume stocks are VERY hard to sell.

Walt

Posted by man4apenny on :

quote:
Originally posted by newstockpicker:
Be careful ... very low volume stocks are VERY hard to sell.
Walt

This is true on low volume. A good example is GNLK. Being in health care, I like the idea of what they are doing which is creams and vitamins tailor made to your specific DNA. Women should gobble this up faster than a lumberjack at a pancake breakfast. Low volume but any good pr sends it flying and they do have some arch chemicals marketing their product to skin care cos. They have patents also btw.