What is a good penny stock right now?
Richard doesn’t know what he is talking about. I made a lot of money on penny stocks. They are just more risky and you have to research them a lot and know when to get out. I had a few penny stocks drop to nothing and many that went well over 10 dollars a share. But most usually don’t move for years, staying around the same price you bought them for. As someone else said, ignore email and mail recommending a penny stock(or any other stock for that matter), it is a pumping scam. A bunch of people buy up the stock leading to the value to rise and the person sending the emails and mail out then dump it, gaining a profit while the stock value drops.
