Buying Penny Stocks | Pick The High Point
Tuesday, October 6th, 2009 at
7:34 am
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Buying penny stocks when they have reached a sustainable high is a good penny stock investing tip.
Most penny stocks, after reaching a 52 week high, will come under selling pressure that drives the price back down. But sometimes, often due to fundamental reasons, the stock sustains it’s high price. This in turn attracts further investors or existing investors to increase their holdings.
