Nephew trading biotechs...
One neph has been doing pretty well trading biotechs connected to finding a solution to the cornholio virus.
He likes playing the penny stocks...don't know if they are technically called penny stocks because some of them might cost as much as 28 cents a share. hahaha
He loads up on them...he was trading one with 11,000 shares. He was up something like 2-2.2K on that one...in a few days. Not bad...worth the effort.
The one he made the 2k in looked as if it was fixing to take off and then...somebody put a hold on that stock as well as many other biotechs. Just shut the trading of those stocks down.
I didn't know they could do that.
I wonder why they would do that.