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VirTra Systems Inc. Message Board

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  • uptabdowntab uptabdowntab Mar 4, 2011 11:39 AM Flag

    So, who sells a 8cent stock?

    Very true.

    I guess its just a me think. I tend to look at a stock going from 30 dollars to 80 dollars as significant, or from $3 to $8 as legit, hell even from 30 cents to 80 cents...but I look at 3 cents to 8 cents as noise.

    I rarely buy sub 40 cent stocks but occasionally I will if I think it has even a 20% chance of "becoming big".

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    • Well it is true that a lot of times these penny stocks can rise several hundred percent in only a couple days based on one PR that may or may not have a true lasting impact on the company. They then usually fall back down. So quick rises in these super small cap stocks can be frivolous and not mean actual company growth.

 
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