Published on Mar 26, 2013 3:29 am
At 8:02 am yesterday, FITX (Creative Edge Nutrition, Inc.) released a major press release announcing that the company is moving into the marijuana sector. This unexpected announcement held a major impact on the stocks trading, bringing the company to eventually close up 191.38%; greatly outperforming the vast majority of other penny stock investments. Interest in trading this penny stock greatly increased as a result of the companies interest in getting involved with the fast growing marijuana sector. By the end of the day, FITX (Creative Edge Nutrition, Inc.) saw over 214 million shares traded, as investors most interested in buying penny stocks, took up significant holdings, in hopes of riding the fast moving marijuana wave. There is a great likelihood that FITX will see significant success in the marijuana sector, just due to the sheer growth rate of the sector itself, especially as laws change.
The movement seen with FITX (Creative Edge Nutrition, Inc.) yesterday was nothing short of incredible and proves testament to the great benefits that can come in trading penny stocks. Though they are highly volatile, there is always the possibility of seeing far greater reward than you would see from investing in companies with far greater price ranges, trading on the more reputable exchanges. Today's performance plays to the age old saying of "buy low sell high," in that, had the company already been trading at a significantly higher price, the percentage increase may not have been anywhere near as good. Remember that you can always feel free to subscribe to our direct subscription penny stock newsletter alert service, and it's absolutely free! All you have to do is go to
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