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My question is when don't penny stocks have a 'rumor' and 'possible PR' and 'possible takeovers' occuring. That's the world of penny stocks. A lot of 'could' and very little 'does'. Every penny stock I've ever looked at has "Rumour of positive PR and possible take over"
Heck, Timothy Sykes has made a fantastic amount of money with penny stocks by doing exactly the opposite of the rumor mill, and shorting them when they run up.
My other question has to do with the statement: "is about to break out"
Why? Why do you feel it's about to break out? Especially on a penny stock, where the volume is so easily manipulated by volume that zigs around with as much zeal as James Brown being tailed by the cops.
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