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Wall St Nation has this interesting take on the algae company stocks. Hmmm...you see a rather scary bunch of companies, practically all of them penny stocks except of course if you consider Chevron and Royal Dutch/Shell in the picture!
But well, let's be honest. It's fairly clear algae oil is in the very early stages. It's difficult to see which company could indeed survive this stage and move on to the next, so naturally investors factor that into the stock price. Higher the returns, higher the risk, so the daring souls will invest now, while the cautious ones will of course wait and watch.
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