Looking for dividend stocks, I came across ACH which is an ADR for Aluminum Corp of China. It has a high yield and I was interested in buying but a stock with 0 volume worries me. Does that mean it is delisted? Does that mean there are questions about its future? Any insight would be helpful.
2006-12-05 04:21:23 · 4 answers · asked by Tony O 1 in Business & Finance ➔ Investing
There is low volume with ACH, not no volume. It just had a reverse split. Maybe there is a lot of buy and holding and lack of institutional buying. As for the other one, do you mean ARD? ARD has ok volume.
2006-12-05 05:27:20 · answer #1 · answered by gregory_dittman 7 · 0⤊ 0⤋
The volume means number of shares traded in the most recent day. For many small publicly listed firms, there will not always be transfers of stock on any given day.
In fact, one way of looking at "zero volume" is that nobody wanted to sell their shares on that day, which means they have confidence that the share price will rise.
2006-12-05 12:33:10 · answer #2 · answered by David545 5 · 0⤊ 0⤋
low volume stock indicates the lack of liquidity. I would stay away from such a stock. If you happens to buy it and then want to sell your shares, it could be tough to get rid of. see http://ibooyah.com for more stock recommendations.
2006-12-05 12:50:51 · answer #3 · answered by buklao 3 · 0⤊ 0⤋
It can also mean lack of interest in the company. It could also mean that if you buy it and want to dump it, it may be tough.
If you are interested in a small cap metal, might I suggest Liquid Metals Technology. Ticker LQMT.OB
2006-12-05 12:31:06 · answer #4 · answered by Anonymous · 0⤊ 1⤋