Shares/Stock Why you should avoid penny stocks?

Good-Guy

VIP Contributor
There are many people who always deal in stocks. They may be trading in the stocks in an occasionally manner and some of them might be full-time traders. One of the things that usually catch the attention of many traders are the penny stocks. Such kind of stocks are pretty popular in the stock market. However, there are many traders who usually try their best to make sure that they avoid penny stocks. This is because they believe that penny stocks are not worth it due to the fact that they perform quite poorly. So, is this really the case? What are some reasons you should be avoiding penny stocks?
 
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