How to Buy Penny Stocks (for Beginners)

Don't get burned by penny stocks - learn the basics here 

Jonas Elmerraji 

Dec 15, 2014 1:59 PM EST 

One of the most prevalent types of penny stock scams out there is the pump and dump.

In a pump and dump scam, the bad guys load up on a cheap and worthless stock, convince inexperienced investors to buy it at inflated prices (pump), and sell their shares off when the investors push the price up enough (dump). For help on avoiding pump and dump scams, check out the SEC's article on the matter. How to Pinch Those Pennies So now that you know the scary side of penny stocks, how can you cash in on the potential growth that they have to offer? There are three things you'll want to look for when picking a penny stock to make sure that you don't get penny stuck: Underlying business, financials, and footnotes. (...) 

Leia a reportagem na íntegra em:https://www.thestreet.com/story/11260181/5/penny-stocks.html