A 15,000% Move In 5 Trading Days
LOCN's chart is the perfect explanation as to why people buy penny stocks. If you had purchased just $120 worth of LOCN at its low you could have sold just 5 days later for $18,000.
$100 into $18,000 in 5 days.
Wednesday, November 3, 2010
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3 comments:
What was the price that u could have bought at at its lowest price and how many shares could u have bought....
When posting a massive gain or massive loss would you mind also posting the reason the stock moved in the direction it did?
Im trying to learn why these stocks would move in either direction.
Thanks! Nice blog by the way, I read it everyday.
@ Greg E Newton... Looks like one could have bought between Sept. 3 and the end of Oct for a pretty low price... there was volume, so someone was trading shares/accumulating... then... BOOM.
Who knows how many shares one could have bought unless one was trying to buy? So many variables go into a question such as that...
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