RE:Another thing I noticed todayI've seen it on lots of penny stocks. People have a right to scalp for a 8 or 9% gain. That's just the nature of the market. Lots of daytraders and people thinking "I'll buy at .13, sell at .14"
If you've been watching this one you know at .13 it's a guaranteed gain. Why not take it?
Fridays are the worst because daytraders will never hold over the weekend so lots of selling pressure.