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would this purchase affect the stock price of a stock?

Posted on 11/8/12 at 11:36 am
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
27609 posts
Posted on 11/8/12 at 11:36 am
I'm sure this is a stupid question, but I'm just starting to dabble into stocks. Not interested in long term investment YET, but looking at a small handful of stocks that I've watched over the last few months bobble from x-y-x-y consistently that I can jump in and out of for a few hundred bucks profit at a time. obvious risk is obvious and accepted

Let's say I'm targeting a penny stock. If I put in an order for 25,000 shares when it hits $.085, will purchasing that many shares at once affect the price of the stock immediately?

average volume (3m): 243,203. that being said, typical daily volume appears closer to 20,000. I don't think I'm the only one looking at playing this.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 11/8/12 at 12:52 pm to
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