Progressive Care Inc (RXMD)

[Dr PennyStock]

Most of the people that trades penny stocks, do not care about fundamentals, because 99% of all penny stocks do not have fundamentals.

They are shells, scams, no assets, billions of shares in dilution, etc. RXMD and a few more are exceptions.

So people uses charts, because they work with most of them, so people doesn't trade blind.

Just an example. Suppose you bought RXMD at .02 and sold on that spike to .042. You made over 100% profit. Then you bought again at .026, and, sold now at .045.

Now someone else bought at .02, and, is still holding.

When the stock hits .20, who from these two persons will make more profit?

This is why people trades instead of investing.

People are different, with diferent visions, opinions, strategies.