Penny Stocks Aren’t All Bad

Nestor

This would have been one penny stock that would have been good to buy yesterday.

Investors apparently looking for a piece of the action on Google’s purchase of Nest Labs piled onto penny stock Nestor, blasting the stock up 1,900% on Tuesday.

Nestor shares shot up from Friday’s 0.2 penny price to 4 cents following news of the Google deal. The search giant on Friday agreed to acquire Nest for $3.2 billion.

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