What is high trading volume in a stock indicative of? Is high liquidity a good thing or a bad thing?
Stocks with a low average daily trading volume ("thinly traded stocks") will also tend to have higher spreads. So you'll tend to pay more when you buy and get less when you sell.
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### Instruction:
What is high trading volume in a stock indicative of? Is high liquidity a good thing or a bad thing?

### Response:
Stocks with a low average daily trading volume ("thinly traded stocks") will also tend to have higher spreads. So you'll tend to pay more when you buy and get less when you sell.