Penny stocks have resumed their volatile ways midway through the Monday market session. The big pump of GWBU is still floundering, failing to gain the traction and upward trajectory of previous AwesomePennyStocks pumps. The normal pump cycle is measured in weeks for them, so it could still go but is look awfully shaky.
Other plays in the otc space include a new pump along with some older chat-room and message board plays. Like everything penny stocks, traders should be aware of the risk and be highly risk-tolerant before making moves into the market. Get Free Stock Alerts
The broader market is enjoying a bit of a bounce today after losing ground in 12 of the last 13 sessions. The Facebook IPO was a complete bust out of the gate and is now trading well under its initial IPO price. All the hype in the world could not help in maintain $38 this morning as it plowed through it. [Read more...]