Show me a penny stock company with great management, great products, great customer relations, complete truthfulness with its shareholders that doesnt issue shares to pay the bills etc....If you can do that, then you'd have to say, why is it a penny stock??
The question, then, is why invest in penny stocks? If you're not doing it because of the stellar business prospects, why are you doing it? Obviously, to make money, which means you expect to sell it for more than you paid - but if good management and good products aren't what will drive the price up, what will drive the price up? |
