UPDATE
Penny Stocks Abandoned as a Complete Failure >> - 71.56% P/L
Penny stocks are shares of very small companies that trade at low prices, typically under $5 per share in the U.S.
Key Features:
Low price per share
Usually small or emerging companies
Traded on smaller exchanges or over-the-counter markets (OTC)
High risk, high volatility
Because these companies are small and less established, penny stocks can offer high growth potential, but they also carry a higher risk of loss due to limited financial history, low liquidity, and less regulation.
UPDATE
All positions closed : Total Profit 31.84 %
yahoo! finance : Historical Price Data
MTRX: TradingView Charts
If MTRX bounced to $16:00 - and all other positions closed - Total Profit would = 33.08 % (33.08 - 31.84 = Extra 1.24 %)
1.24 % of $1,000 = $12.4
1.24 % of $10,000 = $124.00
1,24 % of $100,000 = $1,240.00