There are only so many ways to double your money, but did you know that sitting around for a couple weeks straight was one of them?
For just $3 and change you could’ve bought into Eyenovia Inc. (EYEN) and watched its stock skyrocket 115% throughout the first half of February.
Here’s how…
On February 1st, Eyenovia shares were worth $3.16 a pop, but just 7 trading days alter its value had already jumped up to $6.80.
A profit like that would’ve DOUBLED your original investment and then some!
And to think that all you had to do was hang tight until the rally was over… I honestly can’t think of a better way to pocket some extra cash.
You’re lucky to see this kind of turnaround in the market over the course of a few months, but only 11 days is unheard of.
Take a look at the chart below and see for yourself.
Back in June of last year, EYEN stock fell into a nasty downtrend that carried on until the turn of the holidays.
Even after breaking out of this price plummet, shares underwent another dip and experienced a little sideways action before beginning the climb I’m writing to you about today.
It’s difficult to pinpoint exactly why Eyenovia’s stock blasted off like it did, but one explanation could be the fact that the biotechnology industry as a whole is thriving.
Although EYEN’s bull run now seems to be coming to an end, it still gives insight to the kind of profitability that exists within biotech right now.
Don’t let the “experts” and higher-ups discourage you from getting in on all the action.
Remember, it’s not always expensive buy-ins and brand names that reel in the big bucks. Sometimes investing in penny stocks, such as Eyenovia, can be just as profitable.
That said, keep your eyes peeled for up-and-coming companies in this particular industry.
Just to give you an idea, the average return of the stock market is somewhere around 7% per year.
That’s next to nothing compared to the return that EYEN managed to stash away in two weeks!
But getting in when the timing is right could produce another one of these 115% gains once all is said and done.
Keep that in mind as you press on with your Wall Street trades and don’t hesitate to turn to the income channel if you need help or guidance along the way.
