Who Else Wants to Discover Pros and Cons of Penny Stocks in Only 10 Minutes?
Like any other venture that has rewards and risks, the penny stock pros and cons should be considered before investing heavily in this market. Some pros: Penny stocks tend to outperform large cap stocks in times of a recession and early stages of the economic recovery. Penny stocks offer a chance to make money quickly without investing large sums. These stocks usually sell for under $5 per share making it possible to get started trading with very little money. Very high returns are quite possible is a short amount of time. Promotion of the stock will cause 70% of the stocks to double in value. These promotions are the result of the company getting the word to the public about the opportunity to invest in the company. Penny Stocks can be traded on line with discount brokers, thus keeping trading costs low. These markets trade in several over the counter bulletin boards and pink sheets in large cities. Some cons of trading in penny stocks. Penny stocks do not have to meet the minimum lis
