Penny Stocks Trading Higher in Mixed Market

Wall StreetA mixed bag on the street. Lowered expectations for Citi had the company beating the lowered bar. The company has had pretty much every advantage via bailouts etc and still has a flat quarter. Sellers have targeted Apple today which is dragging the Nasdaq lower.

In penny stocks you are starting to hard the rumblings of the next big promotional stock. Whether or not it goes for the moon like LEXG or crashes and burns like the others remains to be seen. The timetable for it is still unknown but the chat-rooms and message boards are abuzz with ‘soon’. [Read more...]

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