What are Penny Stocks

July 20th, 2008

Why do people trade in Penny Stocks these days and what is the purpose? People who try to get into the stock trading game for as low a price as possible, with low risk, often try penny stocks, and they then build up a large portfolio over time. But penny stocks are the easiest way to get started. Each stock generally costs < $1 hence the name, this means you can start trading quite cheaply. Of course Penny Stocks are also volatile and can made hundreds of percent rises and drops within minutes so noone is saying its easy….

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