Money can be made, but those holding for long term gains are more likely to lose then to gain, imo.
Every penny stock claims great things. And most never deliver and the only people profiting are the traders. Those holding long term for the company to fulfill it's promises normaly lose everything as it is very rare for penny stocks to come thru and even more rare for long term holders to see gains. Some do. But most know the bulk of penny stocks never deliver in the long term.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.