what are some of your fave stocks to trade between 5 to 10$ range?

Dont really have too much equity in my account right now and im looking for stocks to trade between the 5 to 10$ range with volume at least over a mil and volatile.

 

There are free stock scanning websites that will do that for you. Just look it up on Google.

 

Check out Finviz:

http://finviz.com/screener.ashx?v=111&f=sh_avgvol_o1000,sh_price_u10,ta_volatility_wo15&ft=4

 

I don't trade my "Sotcks" I only wear them. LOL

 

huh?

 

You are aware, right, that a nice day with a 1% gain on a $ 7 stock will get you 7 cents ?
A 1% gain on a $ 100 stock will get you $ 1.

You will have to buy 14 shares of the $ 7 stock to get you within 2 cents of making that $ 1.

If God said I guarantee you a 1% gain today, which will you choose ? Short answer is probably won't make a difference in absolute dollars gained on the position. But why blow a sure thing ? To the extent you have or can get the money, would you rather buy $ 5,000 dollars of the $ 7 stock or 50 shares of the $100 stock ? Either way you are paying five thousand dollars.

Consideration:

Would you rather pay commission on 50 shares of the $ 100 stock = $5,000 ?
or
pay commissions on 714 shares of the $ 7 stock = $4,998 ?

 

He may be liquidity-impaired and unable to trade a roundlot of a $100 stock.

 

You are right .... that probability is distinctly so.
However,

I went through the exercise for his benefit for when the day comes he won't be so restricted.

 

Also, within his capability now, he has a choice between the trade with LOTS of shares using the lower price stock or the ONE share using the higher price stock. "Commissions" charge is what I am pointing out.