The shares of small or less liquid companies have been the most profitable investments on the Stock Exchange in the last month and a half, after blue chips have been the first to recover last year, while the stars of the beginning of the year were the shares of medium-sized companies such as Dafora and Biofarm. The increases of "small" shares can be a sign that liquid shares have lost their appeal for the time being.

In the last month and a half the shares of Aerostar Bacau (ARS) doubled on the Stock Exchange, and another 10 shares rose by over 50% in the same period. Brokers say the increases are purely speculative and come as a result of the loss of interest in the most liquid shares. Despite the significant rises that can fetch similarly high profits, there are also disadvantages when it comes to the acquisition of such shares.

"Usually after investors are done with liquid shares, such as those of financial companies or those included in the BET index, they turn their attention to less liquid shares, and now is the turn of shares with extremely low trading volumes. The biggest disadvantage of these shares is that investors risk to be left with their money blocked if they don't sell at the right time," explained Mihai Muresian, a trader with Intercapital Invest.

The shares of small or less liquid companies have been the most profitable investments on the Stock Exchange in the last month and a half, after blue chips have been the first to recover last year, while the stars of the beginning of the year were the shares of medium-sized companies such as Dafora and Biofarm. The increases of "small" shares can be a sign that liquid shares have lost their appeal for the time being.

In the last month and a half the shares of Aerostar Bacau (ARS) doubled on the Stock Exchange, and another 10 shares rose by over 50% in the same period. Brokers say th