Penny Stocks In India.
The greed of trading penny stocks is simple:
The reason is the cost of penny stocks. Penny Stocks In India.
Penny stocks don’t cost much money and promise big profits.
But remember trading penny stocks is also a good way to lose money.
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Penny Stocks In India
Of course, it is possible to profit when you understand the game. Penny Stocks In India.
But am talking about the odds that are against you when you don’t understand it.
The worst here is that manipulators and scammers often run the penny-stock game.
However, for the investors or traders who can’t afford shares of Google or Apple, the potential gains from trades like this are too good to pass up. Penny Stocks In India.
So penny-stock trading thrives. Best Digital Marketing Course in Indore.
Moreover, with a relatively small investment, you can make a nice return if — and this is a big if — the trade works out. Penny Stocks In India.
For example, say you buy 10,000 shares of a $.30 stock for $3,000.
If the stock reaches $1, you’ve made $7,000, doubling your money.
In fact, the Penny stock promoters make sure to attach a disclaimer to their email, Twitter, or Facebook page.
Further, they take advantage of this language to embellish and deceive.
However, penny stocks and their promoters also tend to stay one step ahead of securities regulators.
Though the case is just last month the Securities and Exchange Commission charged a Florida-based firm, First Resource Group LLC, with penny-stock manipulation.