SEC suspends shady stock after it skyrockets 463%

The risks of trading penny stocks

NeuroMama has grand ambitions to become the search engine, social network and e-commerce platform of the future. The little-known company also wants to build 39 casinos in Mexico and a power plant that generates enough electricity and water to satisfy 10 million people.

NeuroMama’s (NERO) stock has also raised eyebrows, soaring 463% in just the past eight months. NeuroMama now sports a market valuation of $ 35 billion, roughly the same as Tesla (TSLA), the electric car company transforming the auto business.

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