Don’t ask me to explain penny stocks. They go up when they go up and go down when they go down. Be it day traders, flippers or manipulation who knows. I invest mostly in REITs, monthly dividend stocks, they pay my mortgage and most of my monthly bills. Penny stocks are like going to the grocery store and buying a scratch off ticket. You might win, you might not. That being said I do like the MJ sector, like RMN said it’s the “tech boom” of the new millennia. I lived and worked in the Silicon Valley in the 90’s, a lot of similarities.
I do like SGMD, if they play their cards right and it looks good right now I think people can make a lot money.