Q: I’m interested in starting a position in Pollard? Is there any concern with the low volume traded on a daily basis?
5i Research Answer:
It is a thin trader, and thus we would not suggest it for someone who wants to trade. It is thin because insiders own 65% of the stock. We would be OK buying a small position using limit orders, if one planned to hold for a period of time. Yesterday for example the dollar value traded was about $1 million. So unless an investor has a giant portfolio we would not see a huge issue buying.