Sometimes in the penny stocks market miracles do happen—albeit not often enough. Investors shy away from low-priced stocks because breaking out above the $5 mark is virtually impossible. Put it this way, if your company is trading at $0.25, then asking for shares to climb above $5 is literally asking for gains of 1900%.
That’s asking a lot. But there are those that do the miraculous. Further, coming from a high and falling below the $5 mark often spells a certain doom too.
But on the radar today is a “not-so-anymore” penny stock potential. ...
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