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No. of Recommendations: 4
sounds very intriguing

I think it may not be well suited for someone like you. Most issues are thinly traded often with bid-ask spread in 10c to 15c range. the exceptions are public storage preferrds'. However, the opportunity to make real yield in that is limited. I keep my trading between 1000 to 1500 shares since even that either takes few days to get filled or I end up moving the market :) Patience is the key and I do this mainly because of lack of liquidity at times you get a good price when there are motivated sellers or buyers.

I monitor about 120 issues and most of the time only 5 or 6 issues are worth even looking further. Also, when Bernanke announced possible rate hike the market went into a tailspin, dubbed "tapper tantrum". Given a possible Fed Hike in the near term, there is a potential for lots of volatility.
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