It is possible to make money with penny stocks. Then again, it's technically possible to make money with any type of stock. Successful investors usually focus on the potential for their stock picks, regardless of price, to gain value over the long term.
Penny stocks are high-risk securities with small market capitalization that trade for a low price outside major market exchanges. A lack of history and information, as well as low liquidity, make penny stocks more risky. Look out for scams involving penny stocks that want to separate you from your money.
Here is a preview of what you'll learn...
What penny stocks really areHow to choose the right penny stockSound advice for penny stock tradingHow the trading process worksTrading penny stocks like a proMuch, much more!This book contains proven steps and strategies on how to invest in penny stocks.
Investing in penny stocks is a risky endeavor because companies with this type of stock aren't required to file financial reports with the securities and exchange commission or any other government-sanctioned regulator. Because of limited information, penny stocks can be used by fraudsters to take advantage of gullible individuals.