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Monday, January 18, 2021 4:07:08 PM
Penny stocks are back in voogue. Waves of buying are being fueled by newbie day-traders, who have driven volume, a group that has long shown propensity for microcap stocks with very low price tags.
When you see all this stuff coming out and all these people talking about penny stocks and pushing them higher, it's got to make you wonder, where is the top? Is it too frothy? Is there too much exuberance out there? said Ryan Nauman, market stratehiest at Informa Financial Intelligence's Zepher.
See #3.
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