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No. of Recommendations: 1
The volume on DDN is pretty low. This means there are probably only 10, 20 or 30 people a day trading the stock. Do the math, average volume of roughly 80,000 shares - if each person is buying 5,000 shares that is only 16 people. Usually I shy away from stocks with this low of a volume for two reasons. First, if things go bad, it is very tough to get out quickly. Second, hmmmm, I can't remember the second reason but I know there is one :) LOL

Oh yeah, for the same reason as your question. With so few people trading the stock, the spread can be very large. It is entirely possible to take a 5% - 8% hit and not know whether the stock is turning south, or is it just one or two people just wanting to get out.

Just my opinion - I wouldn't take this to the bank!

Good Luck

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