Warning: while this discussion obviously centers on penny stocks to buy, this subsegment of the market carries astounding risks. While it’s difficult to verify, one source has the failure rate of these speculative, low-market capitalization entities as over 90%. As I said, it’s tough to confirm this assertion. However, it’s probably not far from the truth.
Whatever the case, you want to be extremely cautious with penny stocks. At the same time, it would be unfair to declare that this subsegment offers zero chance of upside. That’s simply a false statement. However, deciphering which enterprises will make it and which won’t honestly come down to fortuitous guesswork. Still, I’m going to throw some ideas out there. Above all, do your due diligence and practice responsible gambling.
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