There is certainly a market for low-priced stocks.

But small-cap value funds, which tend to own low-priced stocks, have held their ground better.

And don't believe the old saw that really low-priced stocks have bigger percentage gains than do other stocks.

Share volume has been especially high as more investors resort to low-priced stocks, he said.

For many small brokerage firms specializing in low-priced stocks, it has been a bad week.

So there's a lot less professional scrutiny among low-priced stocks.

But in January, this sector has rebounded sharply as investors began searching for relatively low-priced stocks.

That could dampen the enthusiasm of investors who have been snapping up low-priced stocks with big earnings promises.

Value seekers typically focus on companies with low-priced stocks - those with a ratio of less than 1.

Bonds worth about $85 million are due next March, and bond holders are not likely to want to convert them into such low-priced stock.