Will the purchase of shares of PLKT (link provided) significantly change the stocks price?

Question

I am interested in purchasing shares of PLKT (http://finance.google.com/finance?q=plkt&hl=en), however, i noticed its low trading volume. Will I be able to purchase this stock without manipulating its price?

Answer 1

How will you buy much stock. Its on the Pink sheets, going by the historic prices/volume the max trades are abot 40,000 ; that's $400. I wouldn't put in a bid for a million; you will probably get them, but you won't be able to get rid of them!

Suppose you did manipulate the price (upwards). As soon as you offered any stock it would manipulate down again. We call it jobbing against yourself! Forget it.

Answer 2

Based on the volume today of only 500 shares at $.01, some one purchased a whopping $5 of stock.

If there are no sellers, any kind of buy you put out there will push the stock to $.0125.

With a stock trading on the pink sheets, I would recommend you have done some significant due diligence before considering putting a substantial investment in the company.