Say it aint soWhen it comes to momentum, if you can show me where the company gained traction independently, and not just on green days, and only .05 to 10 cents increment, I'll say great, and that I failed in my DD.
Institutional investors are not attracted by penny stocks which are heavily manipulated, other then manipulating the stock themselves. Once the company reaches the next tier, it will be a lot more attractive.
I thought my post was very favorable, the above noted are only IMO, and it only means we differ on those points.
Every one have been exposed to different experiences when it comes to investigating, the above is based on my experiences, which might not fall in line with others, this is why sharing information, and experiences can be a valuable asset.
From an objective point of view.