I shared in yesterday’s post that penny stocks were in vogue. The report I read today described how some remisiers were elated at the surge of buying interest in Singapore stocks, albeit it was the penny stocks which ruled the roost. It is good for remisers, I agree as the Singapore stocks markets have headed south during the Greek debt talks with a corresponding reduction in buying of stocks. To provide a more balanced perspective, I believe retail investors should not be too “carried away” by the “euphoria” in the stocks markets as most of these stocks were penny stocks, some of which have no good fundamentals. I am really puzzled as to how a stock like Qingmei could rise by more than 325% yesterday. I mean it is not the name of the stock that matters, but the extent of the gain in just one trading day is rather ......