Tuesday, October 19, 2010

Turbulent ABK Shares Pass $1 Again, Up 24%

The last few days of trading for ABK shareholders have been turbulent.  The stock has risen above $1, and has fallen back below. Shareholders must be expecting another bounce, but will it happen? There were no clear causes for the 24% increase in share price.  Penny stocks can be very volatile, as we can see in the trading range for ABK. The recent volatility in share price could be due to short covering, maybe! I made a small fortune the last time ABK ran up, I hope others get the same opportunity!

Always consult a registered investments adviser prior to making any investment, especially when considering penny stock investments! Investing in penny stocks can result in total loss investment.

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