With the Dow Jones index breaking out of imminent down trend this week, we could reasonably expect that the basket of penny stocks in SGX market will turn into frantic mode again very very soon. Instead of selective breakout this week, the tide on next week probably will lift all boats.
Penny stocks are the darling of retailers but that will not set the sustainable up trend. Our focus shall be on those penny stocks with new injection of capital from investment fund. With those private investment fund which proclaim specialized in penny stocks, aka micro-cap companies, there are limited logical sense why they don’t know how to cook.
List of stocks with most recent injection of fund are
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