BPHX Blue Phoenix

WellsTrader said: "Hey guys I just got a hot tip on BPHX from a guy I work with. He is a Computer Network Administrator so he knows all about this company. Says they have a lot of new tech comming out and alot of big companies are buying in. This is where I am hoping to make back my $1000. Just thought I woulod let everyone know."

HappyHarry said: "Good luck to you. I checked the [url=http://finance.yahoo.com/q/is?s=BPHX&annual]BPHX Financials[/url]. Looks like decent financials. They increased their gross profit 50% from 2001 to 2003. They trade on very low volume though."

WellsTrader said: "What does trading on very low volume mean exactly? Not alot of buying and selling? What are the up sides and downsides to trading on low volume?"

Darren said: "be very careful of tips."

WellsTrader said: "Tips from this guy are usually pretty good. its the tips from my ex-broker that put me in the red zone."

HappyHarry said: "A low trading volume like that means the company is "thinly traded" and not super liquid. It shouldn't be a big problem, but it can make for very jerky price moves if a big buyer or seller steps in."

WellsTrader said: "Well lets hop for a big jerk in the price making it go up about 50 cents per share. :D"