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View Full Version : ESPI...Up from $1.00 to $11.00?


Dinero709
01-29-2009, 11:21 AM
I was going to drop about $500 into this company a couple days ago but was convinced by someone on the forum that it was not a good idea for me as a new investor to mess around with penny stocks....Why is it up to $11.00? Did i miss out on a chance to make some good money? What would cause a stock to jump like that overnight? Thanks, appreciate any help you can give me.

Dinero709
01-29-2009, 12:00 PM
Down to $1.50....is this type of large swing normal in this stock?

XOM
01-29-2009, 12:27 PM
No volume, you didn't miss anything other than a chance to lose $500.

Google pump & dump and you'll see what's going on with most pennies.