monexsecurities
New Member
- Joined
- Mar 14, 2019
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- 2
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- 1
Hey, If you own 50,000 shares of a penny stock priced at $1, even a $1 rise in the share price can give you $50,000 in a single day. This is not possible in the case of a large stock, because it would require large capital to buy such a large volume of shares. There are a lot of downsides to penny stocks too