Independence Energy Corp IDNG

I believe that IDNG is overvalued and could be the next penny stock to reach the dreaded no bid level.  Often times, we will see this in a penny stock with no revenue or earnings and especially after it comes down from overly optimistic share price increases.

I find that even here, the stock surely is overvalued.  I would avoid this stock until there is real profit or at least significant revenue.

Disclosure: I have no stock position in IDNG.