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Noobie question - Volume/Penny stocks

squarepusher said: "I have been following a few volatile penny stocks, like MOBL.OB and CPNE.OB. Their prices go for .008 and .685 respectively. I notice the volume is not that big, so even if i was to say double my money on a fluke, i probably wouldn't be able to sell right? This is where volume is more important than just price because if its not 'liquid' then its not that useful."

Rbreb13 said: "In pennies, volume and momentum are pretty much the most important factors. You can't sell if nobody's buying. Vol. on MOBL isn't bad but its not great either."

lil dickie said: "This is one of the big issues. You need enough liquidity to get out of there quick."

AlfredSokol said: "Sadly, I have experience just such an occurrence :*("