$ averaging on a penny stock. The worst strategy of all time. The chances that this stock will go above 0.15$ and continue to stay above 0.15$ are slim-to-none. Each & every bid above 0.123$ is taken immediately. The moment it will try to go above 0.15$, it will be brought back down by heavy selling. Looking at today’s trading there doesn’t appear to be any hope for the stock.
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