Penny Stocks (stocks that trade for less than $5.00 per share) are, for some people, an exciting investment. Because Penny Stocks are so “cheap,” many people mistakenly believe that they are more likely to be bargains. The reasoning is simple: they can cap losses at less than $5.00 per share, but their upside is unlimited.
This may sound appealing, but in reality, it is a dangerous line of reasoning. Penny stocks are far from a sure thing. Remember, there is a reason that the stock price has ...
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