Am I onto something?, page-2

I can't tell you anything about the stock, except that it is obviously very thinly traded.Sure, the recent trend is up, but only 2 million shares have changed hands in the past month - $40k worth.

This is the very definition of an illiquid stock. When you want to buy, there are no sellers, so you have to chase the price higher. Then when you want to sell, no buyers, so you end up selling at a big discount.

So if you know something about the company that makes you want to hold the stock for a long time, by all means buy. Because you will be holding it for a long time.

Maybe you should also ask yourself why no-one else is buying it? Almost certainly the seller of the shares knows more about the company than you do - and he is selling...