When you read or hear *verifiable* local stories about wealthy people, have you ever heard of a multimillionaire who made it in penny stocks? Never. Pennyland is all about the naïve, the promoters and the slobbering gambling addicts.
You're correct. The odds are about zero, which is especially dreadful when contrasted with the real wealth that's come -- albeit slowly-- in quality listed stocks.
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Because the Good Life is Just a Pump or Two Away