Why you should invest in penny stocks?

  • Potentially high returns
  • Potentially fast profit: While you may need to wait years for an established company to double in price, a penny stock can double in under a year and even in a matter of days.Of course, that requires the announcement of an earth-shattering event. Such events include the launch of a new product line, a takeover bid from another company, or the elimination of the negative force that brought the stock price down in the first place.

    Penny stocks also appeal to small investors who can buy a large number of shares with just a few hundred dollars.