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Are Penny Stocks Dying Out ?
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[QUOTE]Originally posted by Low Bawler: [QB] [QUOTE]Originally posted by Nile: [qb] [QUOTE]Originally posted by stocktrader22: [qb] Pennys are definitely not running like they used to. [/qb][/QUOTE]Nothing is "running" like it use to. We are going thru a cycle, just like I said earlier. It you know anything about the stock market then you know it goes thru cycles, we have been slowing down for the past three months at least. If you dont believe me just take a look at the six month chart for the Dow, Nasd or SNP. [QUOTE]Originally posted by wallymack: [qb]The one thing I have noticed is that when the big markets are down the pennies get more action.[/qb][/QUOTE]I will have to respectfully disagree with you. Why would anyone who is scared of the volatility of todays market put their money in a more risky market like pennies. It's only logical to think that pennies slow down due to big stocks slowing down because people become more worried about risk. Thats the only reason why people run to bonds during recessions, little to no risk. [/qb][/QUOTE]Would it be fair to say that most people who trade penny stocks generally more opportunistic than those who trade, and really, invest, in big board stocks? Just in the way that the big board stocks will still see volume because of those who see buying opportunities when the markets dip/tank/crash, would it not stand to reason that pennies will see at least the same, perhaps more volume than the big boards due to incredibly cheap entries? [/QB][/QUOTE]
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