overbought city across penny stock sectors, be careful traders!

penny stock market has been dead recently, will continue this way for the rest of the year in my opinion. people are buying bluechip/more well known companies now. this is why i tell all my students that penny stocks are cheap for a reason, demand is low. you will rarely ever see a penny stock hold gains. unless its an amazing company with great fundamentals, that's hard to find on stocks under 10 though!

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