I feel like investing some money, and I've often heard penny stocks are dreadful. After reading up on it, most of the logic seems the same: there's a much higher chance of them decreasing rapidly than increasing, meaning you'll probably lose money. However, most examples they used were with higher amounts of money: say, $10k or more. Let's say I found a stock for 25 cents and bought 40 shares of it for $10. It's unlikely to get me a profit, but even if the stock plummets, I'll still only lose $10. Am I missing something, or am I right?
Submitted March 17, 2017 at 03:27PM by writeroflongwrong http://ift.tt/2mBhVwa
