Our view: Charges over COVID test show perils of penny stocks

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Our view: Charges over COVID test show perils of penny stocks

By Editorial board / Thursday, December 31st, 2020 / Comments Off on Our view: Charges over COVID test show perils of penny stocks

It is one of the oldest tricks in the penny stock book. A company that is not traded on a major stock exchange finds a social trend to ride and puts out press releases about a new product launch. The stock soars briefly on the news and traders make a bundle as the unsuspecting public…

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