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Hi, I see some penny stocks really fluctuate say from 2 cents to 5 cents in a day. I was thinking why not put in a limit order for 2 cents if I get it then a sell limit at 4 cents and double my money. The problem is the volume on these stocks seems low, average daily 150,000 shares. Before I try this, would I have a hard time getting rid of it at say 4 cents? Where do you guys like to see daily average volume of a penny stock. Any feedback appreciated. Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
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