Scams. Running into scammers is also a risk when trading penny stocks. One of the most popular cons in this arena is known as the "pump and dump" scam. With this type of scam, the basic idea is ...
To be clear, this is not to say that every penny stock or OTC company is a scam. The danger is that the over-the-counter market is where the scam stocks live. Think of it as a bad neighborhood.
This is all to say that investors should be cautious of any penny stock, particularly one that appears to be too good to be true, as it might be part of a scam worth hundreds of millions of dollars.
Spot a potential scam by researching cryptocurrency's claims ... or group of people buy into a thinly traded asset such as a penny stock when its price is low. They then start disseminating ...
We recently compiled a list of the 10 Best Penny Stocks to Buy for 2025. In this article, we are going to take a look at ...