Under $1 penny stock from Ocugen instantly jumps 60% from $0.2480 to $0.4034 when the biotech field enjoys pouring funds to fight the COVID-19 pandemic. This stock is so cheap as quick profits could happen within a day.
The average volume of 11,715,055 shares suddenly faces daily 198 million shares as demand quickly soars with unexpected wants of investors. Such penny stock gives a nice opportunity for gambling traders who may not care about hard-earned funds while big whales could invest little money that is not big enough to create significant issues in case of sudden loss.
Risk-averse investors just stay away from Ocugen unless the upcoming Q2 2020 revenue shows a significant rise that guarantees further positive earnings.
Editor in Chief.
Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life