Penny Stocks To Buy [Or Avoid] #5 Oragenics
One of the penny stocks that could be tracked by investors at this point is that of biotech company Oragenics (OGEN – Free Report). Last week it gained as much as 40%. The company announced that its Chief Executive Officer Alan Joslyn is going to make a presentation at the 22nd Annual BIO CEO & Investor Conference.
The event in question is going to be held on February 10 and 11 in New York City. It has triggered a steady rally in OGEN stock into this week as well. Monday saw shares reach highs of $0.77 during the morning session.
With the company’s presentation begging mid-morning, it will be interesting to watch the market’s reaction. Will it be enough to make OGEN one of the penny stocks to buy this week or should it be avoided at all costs?