Avoid Any Penny Stocks At All Costs

And according to the SEC, it can be difficult to accurately price penny stocks. Plus, penny stocks are a playground for crooks. These thieves prey on investors in the following ways: False promises:Fluffy marketing about your product is one thing, but faking contracts or alluding to pending deals that never will transpire are another.... more →
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Avoid Penny Stocks At All Costs

Clearly, this is a big warning sign. Pump-and Dumpers: The previous two penny stock scams feed into this third: unscrupulous investors who try to inflate a microcaps price so they can abandon ship at the top and make a fortune while others ride it down to oblivion. This is most easily achieved in microcaps with thin volume, since... more →
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Avoid Penny Stocks At All Costs -FINRA

Pump-and Dumpers: The previous two penny stock scams feed into this third: unscrupulous investors who try to inflate a microcaps price so they can abandon ship at the top and make a fortune while others ride it down to oblivion. This is most easily achieved in microcaps with thin volume, since its easy to move the market with a stock... more →
Posted in: Investing