Ok, dude. If you read some of my earlier posts, I said it doesn't even matter if a penny stock is actually viable or not.
News can make one SEEM viable, and since we know that the stock market is largely based on EMOTIONS; any kind of news that appears good (whether true or not will send a stock up).
If you are stuck on fundamentals, that is your business.
I am here to sell at a price that is higher than what I paid for a stock. Penny stocks go up and down, and the object is to buy low and sell high.
My guess (back to emotions and intuition again) is that there will be a surge in price right after Christmas, that is spurred on by some news; regardless if it is real or not.
Top will probably be higher than 8 cents.
If you don't want to take chances, dude, don't invest in pennies.
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