Spackman used to be a hot favorite stock with consistent trading volume and buyers as opposed to sellers. However, due to the recent market condition, it seemed as though it had lost that steam and consistently met with huge volume of sellers looking to unload and sell down. When playing penny stocks, the number 1 rule is to never buy and hold for investment because new penny stocks will replace the old and the old will be deemed worthless. Penny stocks are for speculative purposes only and it should be trade with care. It seemed as though the era for Spackman has came to an end, I am in search for a new one but with the current market condition, it's tough. Let the market come to you and never force it.
Ronald K - Market Psychologist - A Stock Market Opportunist