People often forget macroeconomic considerations that cause
People often forget macroeconomic considerations that cause pps to fall-as i said before all the penny stocks on my watchlist seem to have fallen in the last year despite progress by many of them in the real world-is this due to such traders being more prescient re some coming economic armageddon- i dont think so-
this is largely due to mm's brokers day traders hedge funds bashers shorters technical traders and every other monkey siphoning money from retail-concentrating the most on the lower otc classifications for reasons i've detailed before
also pennies often fall this time of year near the holidays because penny investors are spending for holiday activities/toys
some also sell end of year for tax loss reasons
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