When it comes to penny stocks to buy, the typical path of making money is to buy low and sell high. Unlike higher-priced stocks, stocks trading under $4 can move much more quickly. So while some people will look for new and other event-driven catalysts, other traders looking for market momentum. As we’ve seen this week, there’ve been a number of momentum-fueled penny stocks that broke out big. Yet, when you look for any corporate update, you likely wouldn’t find it. Biotech penny stocks and energy penny stocks have been among these big movers. In my view, it’s got a lot to do with speculation surrounding coronavirus and the push for a turnaround in oil and gas. Needless to say, when you have waves of big market moves, there’s sure to be investors looking to buy penny stocks instead of blue-chips. But it’s also important to understand that these speculative catalysts can come to an end just a quickly as they formed. So if some of these names are on your list of penny stocks to watch, keep that in mind. With this in mind, here are a few names to know before next week. Click To See 3 Top Penny Stocks To Watch Before Next Week