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I got a question if you can help me that would be great


whodamen123 said: "Hello there, I have one question about trading. is there a way to see how much the stock are trading a day so i don't get stuck with one for a while like with OBDP.PK my mistake that I bought it at .40 and then trying to sell it at .41 so I can pay my fees and go on but I olny sold around half of what I got and since then theres no more buyers but with the Avg Vol will that show me how much it being sold alot or something like that or all stocks are hard to sell? thank you"

InvestorMan said: "[SIZE=3][FONT=Verdana]With stocks trading on the major markets, investors have a tool available that shows bid/ask quotes in levels, bid prices to buy or ask prices to sell and how many shares altogether at each price. These are known as Level 2 quotes. This is what you need if you want to know where your order stands in relation to others, but I don't know if you can get Level 2 quotes on over-the-counter or bulletin board stocks. If anyone knows whether this tool is available for these markets, please let us know. On the other hand, if you want to trade penny stocks, the best market to trade in is the Canadian Venture Exchange (CDNX). This market is much more active than other penny stock markets, and you will not usually get stuck with a stock because of low trading volume.[/FONT][/SIZE]"

whodamen123 said: "[QUOTE=InvestorMan][SIZE=3][FONT=Verdana]With stocks trading on the major markets, investors have a tool available that shows bid/ask quotes in levels, bid prices to buy or ask prices to sell and how many shares altogether at each price. These are known as Level 2 quotes. This is what you need if you want to know where your order stands in relation to others, but I don't know if you can get Level 2 quotes on over-the-counter or bulletin board stocks. If anyone knows whether this tool is available for these markets, please let us know. On the other hand, if you want to trade penny stocks, the best market to trade in is the Canadian Venture Exchange (CDNX). This market is much more active than other penny stock markets, and you will not usually get stuck with a stock because of low trading volume.[/FONT][/SIZE][/QUOTE] hows this one? [url]http://finance.yahoo.com/q?s=CNS.V[/url] where it says where it says Avg Vol does that mean the trading volume? so then theres a chance that I can sell at the trade value easyer? thank you"

InvestorMan said: "[SIZE=3][FONT=Verdana]Yes, checking the average volume is a good indication of how active a stock is, but even that doesn't tell you the whole story. The average volume on Yahoo! Finance is based on the mean daily average for the past three months. Take a look at the three month chart for Canoro and you'll see that the stock trades in volume "spikes", especially between mid-May to mid-July, where most days it hardly traded at all and on a very few days it traded over a million shares. In times like these, you could get caught with your pants down if you are holding too many shares. The good news is that it looks like volume has picked up again since the middle of last month. You should be able to get in and out of up to 40,000 shares of this one safely. Can I ask you a question, though? What is it that you like about Canoro?[/FONT][/SIZE]"

alhamid said: "usually, the higher the average volume, the more liquid the stock is"

whodamen123 said: "[QUOTE=InvestorMan][SIZE=3][FONT=Verdana]Yes, checking the average volume is a good indication of how active a stock is, but even that doesn't tell you the whole story. The average volume on Yahoo! Finance is based on the mean daily average for the past three months. Take a look at the three month chart for Canoro and you'll see that the stock trades in volume "spikes", especially between mid-May to mid-July, where most days it hardly traded at all and on a very few days it traded over a million shares. In times like these, you could get caught with your pants down if you are holding too many shares. The good news is that it looks like volume has picked up again since the middle of last month. You should be able to get in and out of up to 40,000 shares of this one safely. Can I ask you a question, though? What is it that you like about Canoro?[/FONT][/SIZE][/QUOTE] just looking at it that it was going up alot but right now I'm stocking up on [url]http://finance.yahoo.com/q?s=obdp.pk[/url] because it went down and when they anoucne something the price will go back up to .42 and etc and the company is working with ebay that means its good. if you want to check it out you might like it too"

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