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Re: StockSleuth post# 648

Tuesday, 03/07/2017 2:43:46 PM

Tuesday, March 07, 2017 2:43:46 PM

Post# of 789
If by "real fundamentals" you mean profits, PE ratio, etc...

...penny stocks rarely if ever have any fundamentals.

And more often than not any financial information is hard to get because many don't file and are rarely audited. Occasional press releases are all you can reasonably expect.

That's why penny stocks are more effectively traded on a technical basis. IMO. There are only 5 numbers involved in real-time; Open-High-Low-Close and Volume. Add the Authorized share count and Float and you have all the data you need to trade penny stocks for profit.

Anyway, I would like to see more daily volume here before I decide to jump in.

Good Luck.


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