Chinese social platform running company Moxian (NASDAQ: MOXC) has been surging in the long run being penny stock until August. Then the stock popped steeply from $0.89 to $3.24 (premarket). After agreeing on terms of a merger with Btab Group its shares suddenly soared at least 50% on several million units.
Asian stocks mostly move with high volatility. Today MOXC is riding high but tomorrow it can fall like screaming bear from tea. Only this week may be good for the Chinese stock.
The MOXC shares are still cheap costing under $5. Millennials may try so much luck with it till they get low returns or win record high beating margins.
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Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.