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Wednesday , 20 January 2021

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Nasdaq 100 Dropped 80% Last Time Penny Stock Volume Was So High – Will it be different this time? (+2K Views)

Penny stock volume as a percentage of Nasdaq volume became a very large percentage (3.2%) back in the dotcom bubble peak in February of 2000, reflecting that a high level of speculative trading was taking place. In the next few years the Nasdaq 100 lost over 80% of its value! Recently such penny stock volume has risen to a record high of 4.5%! Will it be different this time?

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