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Are Penny Stocks Worth The Risk?

PennyI don’t know about you but when my mother goes to the casino, she hits the penny slots. I tell her she’s crazy because even if you won big on the penny slots it couldn’t possible be huge money. But she always argues that it’s less risk for her. And what about penny stocks. There’s less risk with those too, right? Today’s article discusses why you should be weary of penny stocks. Here’s what they had to say, “But penny stocks are far more dangerous than buying large, well-established companies. The penny stock universe include shares of failed companies, occasional frauds, and schemes intended to transfer money from the greedy newbie to their motivated, if unsavory, operators. For example, the actual Wolf of Wall Street case involved peddling penny stocks.” To read more, CLICK HERE.