Why no "Dow Average" for penny stocks? Actually years ago there were such averages but they fared so dreadfully that there was no incentive to do the complex work required. Most hot pennies plummeted >90% in 2000-2002, and never came back.
No one in pennyland - whether promoters, brokers, MMs or the addicted "players" themselves - has any desire for the truth to be known. Not only do pennies fall on average, but they always fall on average, year after year! Only for one year in the past twenty, 1998, did penny stocks do well. And they quickly lost all of that gain and more.
That's why there's no "Dow" Average for the OTCBB or the Pinks.
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