Posts

Showing posts from April, 2022

Penny stocks, How to choose shares for Investment ?

Image
Penny stocks Penny stocks have been very popular among investors ever since the bull market began in 2020.The retail crowd, especially, has taken a liking to these stocks. And the reason is not hard to find. Penny stocks offer the chance to make quick profits in a short time. `Of course, these stocks are high risk. But retail investors seem to be fine with that. If the profits keep flowing in, they don't mind taking the risk. But there is a problem with this kind of investing. It's not really investing. Most investors are just punting on penny stocks. They're hoping the penny stock they bought goes up in price quickly. They're not concerned about anything else...like fundamentals. Now this would be fine as pure speculation and nothing else. But many retail investors think they are really investing and not speculating in these stocks. And that's dangerous. Penny stocks are famous for going down just as fast as they go up...if not faster. In a market crash, or God fo