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Stock traders will often flock to such stocks for no reason other than the fact that they have a high short interest and the price can potentially move up very quickly as traders with open short positions move to cover. Oil Well Services and Equipment.
Low float stocks are often very volatile and are well known for making explosive upside moves. Stock traders will often flock to such stocks for no reason other than the fact that they have a low float and the price can potentially move up very quickly.
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Tuesday, February 27, 2018. This stock which was Alerted yesterday at . 0009 cents surged to an intraday high of . 0013 cents on a record 135 million shares traded. The stock had been beaten down from its 52 week highs of . 52 cents and has multiple Assets and catalysts anticipated shortly. The company is also reported to announce record breaking revenues in the near future.
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Technical Analysis for Penny Stocks. Why Invest in Penny Stocks? Why Trade Penny Stocks? .
Friday, July 11, 2014. Bubble-like penny stock Cynk Technology. com notified FINRA of the issue. Thursday, March 6, 2014.