122 days ago • Posted by Martin Boujol
Pennystock Signal explodes 1000% in minutes
Musk urged its Twitter followers to use "Signal", an encrypted messaging service. But the message was not well understood, and many traders bought a micro-cap healthcare company based in Texas called "Signal Advance". The result was immediate, with a company going from low millions to a $100 market cap in minutes. While we thought that the market would understand its error when markets open today: it didn't. The stock went up to $70 from an open price of $7.50 in a matter of minutes. Momentum is all, it seems.