Microsoft Launches Decentralized Identity Platform ION On Bitcoin’s Blockchain – Yahoo Finance

Microsoft Launches Decentralized Identity Platform ION On Bitcoin’s Blockchain – Yahoo Finance

Benzinga

Penny Stocks Are Now The Main Focus For Reddit Investors

Why Are Reddit Penny Stocks Such A Big Focus? Recently, Reddit investors have been heavily focusing on trading penny stocks. Why are so many of these social media investors buying penny stocks? What Are Penny Stocks? Penny stocks are shares of public companies that trade for less than $5 per share, as defined by the Securities & Exchange Commission and or the SEC. Typically, penny stocks represent shares of companies that are either start-up stage or have yet to establish a significant lead in their industries. That doesn’t mean penny stocks are bad, however. In many cases, these companies are focused on cutting-edge innovation. Therefore, traders and investors alike will buy these penny stocks based on speculation instead of general fundamentals. The obvious attraction to trading penny stocks is making money quickly. Not only that but because of the inherent volatility, these cheap stocks can see massive rallies of 100% or more within a single day. This is what is so attractive for investors and the crazy part is, sometimes traders won’t even know what they’re buying. They just focus on a penny stock’s symbol. Here’s where a good understanding of trading comes into play. You have things called catalysts that act as a trigger for penny stock breakouts. Reddit
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