why would a penny stock go from selling almost a half million shares to 2 million in one day?

Question

I have shares in a penny stock but have seen tremendous (sp) increase in shares being bought and sold in the last week. Prices have flucuated . Any reason?

Answer 1

If you are talking about a huge increase in selling, it could be a large stock holder cashing out. This can be because the company is about to fold, or the stock has reached the sale point the seller decided he wanted.

If there is both buying and selling, it is probably due to a news report in one of the major business journals or the whims of the internet.

Answer 2

Hi there,
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org

I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.

As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org

Answer 3

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14

Answer 4

Penny stocks are infamous for getting hyped through the internet, using both message boards and spam. The originators of the posts/emails get in on the cheap, wait for this 10 cent stock to go to 30 cents, then dump it, tripling their money.