Throughout the summer last year shell stocks were quite popular and some enjoyed some incredible runs. You can search this blog for posts from last summer and find quite a few about shell stocks with enormous gains.
Shell stocks have always garnered the interest of penny stock investors because they do offer possibilities for huge gains. But like most penny stocks, they carry risks as well.
One thing to remember is that most shell stocks lie dormant until a company reverse merges into the shell. Recently many of these reverse mergers included a reverse split that has an adverse affect on current shareholders of the stock. Absent a reverse split a shell stocks offer the chance to get in a stock before a viable company merges into it.
Lets see if shell season is back which would help put a little glimmer on the usually slow summer months
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