Tracker’s Instincts

The holidays are in full swing and the new year is right around the corner. And as some of you may know, the stock market has been a bit shaky in the last month or so. But it seems Magic is still doing pretty well during this slightly volatile time. I think a good portion […]

In the stock market, penny stocks are cheap, probably-junk securities that you get on the hope that they move up a few cents and show you a profit. They’re an alluring strategy in the stock market because you can get a big volume of them. For one share of Apple, you could score well over 5,000 shares of a junk medical-science company that may be on the verge of a huge patent. If your shares go up, they go UP. We look at penny stocks in Magic the same way; these are the gambits that you stock up on with hopes of big payoffs.

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