I have been watching a little stock the last 2 weeks (I think somebody posted about it on here below). It is CNRH.PK Cornerstone Entertainment inc.
here's my question. This stock sat at 55 cents for quite a while. It then had a sudden drop in price down to 25 cents. Then, before the end of the day, it went up to 77 cents where it closed. It never has too much volume (only 800 shares traded today). It has had this wild fluctuation in pricing several days. Why does this happen? I'm really puzzled about this, and thanks if u can enlighten me.
here's my question. This stock sat at 55 cents for quite a while. It then had a sudden drop in price down to 25 cents. Then, before the end of the day, it went up to 77 cents where it closed. It never has too much volume (only 800 shares traded today). It has had this wild fluctuation in pricing several days. Why does this happen? I'm really puzzled about this, and thanks if u can enlighten me.