The author of today’s article acknowledges that “generally speaking you DO NOT want to buy stocks in a bad sector”. So why did he recently buy a highly speculative penny stock in a sector that he admits “has been among the worst performing sectors of the entire stock market in the past twelve months” (i.e. cannabis stocks)? Because he believes the sector is set for a weeks-long (or even months-long) rally and that new companies in the sector – such as the stock in question – are likely to go up the most. For more, CLICK HERE.
The Case For This Highly Speculative Penny Stock In One Of The Market’s Worst-Performing Sectors
- by Bob Mitchell