Are penny stocks worth the risk or is it just gambling?

Discussion in 'Investing and Retirement Saving' started by Miles, Apr 16, 2014.

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  1. Miles

    Miles Newbie

    Anyone here made any money off penny stocks? I've been thinking about taking $100 and buying into a couple. I've read where people have made big bucks on the right ones, but I also see where investors are against it. What do you think?
  2. Your odds are better going to a casino and playing blackjack. Seriously, stay away from them. They are mostly scams. Sure, someone hits the lottery every now and then, but it is hardly a good investment option.
  3. Shobir

    Shobir Administrator Staff Member

    Admin Post
    Penny stocks can be profitable if you research the companies fundamentals and technical's. If you find companies which have a great product and even better future then it might be worth devoting a small proportion of your portfolio to the investments.

    I found quite an interesting video on penny stocks which might be useful.

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