BIEL GONNA RUN LIKE 2021?
Excerpts from recent MarketWatch article about the recent penny stock explosion:
A recent report by Goldman Sachs showed activity in shares priced at $1 or less hit a record on June 12 as a percentage of total U.S. market activity.
Trading in penny stocks has exploded over the past few years, driven in part by individual investors' ever-expanding appetite for risky bets, as well as a few tantalizing wins.
"You're not going to 10x a blue chip overnight, but with a low-float penny stock, a press release or a big-volume day can turn a $500 play into $5,000 if you time it right,"
Shares of an obscure Hong Kong-based company called Regencell Bioscience Holdings Ltd. (RGC) suddenly took off earlier this year, ultimately peaking at more than $83 intraday on June 16, a year-to-date gain of roughly 64,000%, according to Dow Jones Market Data. The stock had started 2025 trading at roughly 12 cents.
"While the overall value of what has traded in the market over the past couple of weeks is diminishing, volume has stayed elevated - but that is just because the penny-stock names have been trading in much higher volumes"
Excerpts from recent MarketWatch article about the recent penny stock explosion:
A recent report by Goldman Sachs showed activity in shares priced at $1 or less hit a record on June 12 as a percentage of total U.S. market activity.
Trading in penny stocks has exploded over the past few years, driven in part by individual investors' ever-expanding appetite for risky bets, as well as a few tantalizing wins.
"You're not going to 10x a blue chip overnight, but with a low-float penny stock, a press release or a big-volume day can turn a $500 play into $5,000 if you time it right,"
Shares of an obscure Hong Kong-based company called Regencell Bioscience Holdings Ltd. (RGC) suddenly took off earlier this year, ultimately peaking at more than $83 intraday on June 16, a year-to-date gain of roughly 64,000%, according to Dow Jones Market Data. The stock had started 2025 trading at roughly 12 cents.
"While the overall value of what has traded in the market over the past couple of weeks is diminishing, volume has stayed elevated - but that is just because the penny-stock names have been trading in much higher volumes"
2
