Pennies From Heaven...Everyone loves the under dog... maybe that is why Penny Stocks are so alluring. To succeed against all odds is something to behold. On the flip, too risky for some to even fathom the move.
I say BS to all of that. I am and most are in it for the money! That is the main reason for these stocks. Bye for pennies and sell for dollars. Penny stock investors know the risks and are willing to lose what they put in the pot. Multiply the risk many fold when playing the newly added MJ sector.
Do not get me wrong, I love this story and how it seems to be unfolding too perfectly. Many will realize this in hindsight. $PR was never really the under dog but rather the watch dog with one eye open. Medicinally/Recreationally this tech will benefit many lives. Personally, I love being on the ground floor and how it will benefit my life. Many Penny Stocks bottom out before the sling shot. IMO, this is the long stretch of the bow, pointed at the sky. Get ready for the pennies from heaven.
I like this article below. This isn’t the first penny stock to drop in share price before the big run. If anything $PR is well poised for success and perhaps even a monopoly.
https://www.investopedia.com/articles/active-trading/083115/4-signs-penny-stock-worth-millions.asp