Thursday, August 24, 2017 7:36:03 AM
This stock is ripe for the flipping, but I'd be careful. Stocks that are this overbought can explode on fake news, but the chances of that happening are small. Moreover, the correction will happen at some point. Buying and holding is just not an option.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.
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