We have been seeing the reigning of penny stocks in SGX these days, especially the trio of stocks: Blumont, Asiason Capital and LionGold. Today (11 June 2014) saw these three stocks and a couple of other penny stocks retreating. I wonder how many retail investors have been tempted into buying these penny stocks, only to be caught by the downward trend of these penny stocks later on. It is quite tempting to give in to the lure of quick profits as characterised by the large percentage jumps in these penny stocks and the converse is also true: the downslide is equally of scale comparable to the upward rally. A caveat to all investors when the penny stocks are noticed and bought to go up and up, it is not really a good idea to follow the crowds and buy these stocks. If one is to buy penny stocks, one should ......