Quote:
Originally Posted by MTG#10
I get your reasoning, but the stock in question is the exact opposite...it moves at a snail's pace, + or - 20 cents every day. If it moves over 1.5% in a day its a miracle. You're most likely correct though, I figured the answer would be the exact opposite of what I thought.
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What's the daily volume on it though? If nobody wants to buy it and there's only a few thousand shares traded daily then it's probably not going to move.