RE:RE:RE:RE:RE:NewsletterThere are a whole range of opinions about so-called penny stocks. A number of such "cheap thrills" being only gimmicks to get your money and run. I have no doubt a number of hostile posts on this board have gone through this in the past with other fly by night companies.
This said, lots of bigger companies are also crashing down, offering no guarantee of future good earnings. Even Amazon didn't make a cent profit in the first ten years. No need to recall Enron or Bre-X here.
I personally sleep well at night with Nextleaf. I have always been in penny stocks, feel I understand them and made money from them. Noront, Champion Iron, Desert Mountain Energy, HPQ Silicon, Canalaska... Funny to say, most of them often become a sell when they stop being penny stocks.
My point is that assessing a company has nothing to do with its share price, under a dollar or not. There is no quick fix, no luck involved, investors have to study the company, the market, the economy. Not easy to make money. Even mutual funds are risky. If one is not business-literate, better not buy stocks. Especially if you intend to be big time emotionally involved. A recipe for disaster.