Billionaire Converts Debt to Pershing Gold (PGLC) Penny Stock

Hot penny stock Pershing Gold Corporation (OTCBB: PGLC) traded 797,223 shares yesterday to close up 0.025, 4.55%, at $0.575. Shares traded as high as $0.62 during the session on the penny stock that has Forbes list Billionare Phillip Frost heavily invested in it. PGLC was $0.47 when we made the initial penny stock alert on it.

Pershing Gold Corp. announced pre-market that over $9 million of debt ...

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