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delerious1

03/14/24 7:35 PM

#55558 RE: Kitfox #55556

Well you certainly should take some profits if you are so lucky

Chartmaster

03/14/24 7:58 PM

#55562 RE: Kitfox #55556

Good question, TSNP/HMBL comes to mind....and I can't think of any OTC tickers that went from pennies to dollars and are still dollars, they all seem to go round the mountain, so yes, they all have to go back to pennies, or trips like in TSNP/HMBL


So what happens to stocks that go from pennies straight to dollars? Do they have to go back to pennies. I don't think so.

tiger_trader

03/15/24 12:33 AM

#55593 RE: Kitfox #55556

Stocks that transition from pennies to dollars typically indicate significant growth and positive momentum in the company. They don't necessarily have to go back to pennies; instead, they can continue to rise in value as the company's performance and market conditions evolve.

IMO