Pennystocks are an interesting topic. Everything that is not bluechip is an interesting topic. Interesting post, you can definitely see your personal attitude.
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@leveragegrinding Scam pennystocks can be found out quickly (as listed above). And unfortunately, most of them are unserious and at most useful for a very short term investment. Most of them burn themselves out. Sure, pennystocks are not necessarily part of my investment strategy. But the points I list are rather facts. At least that's how it should come across. Of course, there are also serious penny stocks. But these are the minority and difficult to identify for the masses. Therefore, the risk-reward ratio is also very bad for most investors.
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•@TheAccountant89 I completely agree :) Nevertheless, the few exciting pennystocks, if the investment thesis works out, are often as tolerable as derivatives based on bluechips. That puts the risk back into perspective a bit. But you're right, you have to be aware of the risk.
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