Penny stocks are attractive to new investors because of their affordable share prices below $5.
At these prices, just a modest increase in trading volume can send a stock soaring or plummeting.
But would you have invested $1,000 of your hard-earned savings into a stock trading for under a penny for two years?
Yet this is the reality of penny stock investing. It's a sea of worthless stones with a few diamonds hidden among them.
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