Friday, March 20, 2015 12:26:30 PM
GNGR is a penny stock and is considered speculative
IBM is a blue chip stock and meets many higher standards than a penny stock, pays dividends, etc
For $162 you can buy one share of IBM
For the same money, you can buy over 40,000 shares of GNGR
Decide where you want to invest $162. Penny stocks are speculative but may have greater returns than a blue chip. Or, you can lose the entire $162
I hope nobody invests all or most of their money in penny stocks. But penny stocks are not for anyone who expects blue chip stock standards. I would recommend enrolling in an investment seminar to learn the difference between blue chip stocks and penny stocks to manage your risks
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