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95% of penny stocks are junk and never make it. But we still make money on these penny stocks simply because smart penny stocks investors do not buy penny stocks for long term growth. Penny stocks are volitile and tent to have huge swings several times a year. I buy low and as soon as it spikes a bit I sell.
Averaging $1000 - $3000 a day trading penny stocks is normal for me.
Max
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