If you’re considering investing in biotech penny stocks right now, there is a lot to know. In general, we have seen a major amount of volatility in the stock market in the past few months. And with rising interest rates and climbing inflation, it is not likely that these large fluctuations will stop anytime soon.
So, investing in penny stocks is difficult and nuanced. But, when we look at biotech penny stocks, we see that there are some key differences. For one, biotech penny stocks happen to be much more volatile than non-biotech penny stocks. This has to do with the nature of the industry and the amount of news that comes out of the biotech sector. For that reason, it’s important to be extra careful when considering penny stocks in this sector.
The most important rule of thumb is…
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