Innventure

I got a chart request for $Innventure(INV.US).

The stock crashed 9% after Morpheus released a new short report. When you trade a penny stock, position sizing is extremely important. No one should have a big portion of their portfolio in a penny stock, never.

I looked at the report, it says that the company is allegedly operating out of a single family home in a Toronto suburb with zero proof their main project even exists. This is exactly what happens when you risk in penny stocks.

Profits looks fancy, people show off their big gains and when such reports happen, its gone before you know it.

Before the news even hit, the daily chart was showing heavy distribution except that 1 candle. Trade safe!