ScaryRaccoon: … There are just so many more stops along the way between $100 and $110 and stocks at that price are "generally" less volatile naturally due to their fundamentals. At the extreme case a .01 SP can move easily to .02 or .03 in one trade representing a 100-200% gain. …

Agreed, the volatility of pennystocks is generally much higher. However, I am not referring so much to individual price movements on days or weeks, but rather to the long-term changes in the price level and, above all, the fundamentals that justify such changes. Everything else is psychology, awareness, and market size.

I am probably too much the mathematical, rational, logical type. I know that such psychological effects exist, and I try to take them cognitively into account – and sometimes even with some success.