Dangerous in the sense that it drops and everyone scrambles and fights for the cheapies? Yes, I got pushed by a lot of other people this morning trying to pick up more. You're right very dangerous when it drops and everyone fights for those cheapies.
if thats the case and penny stock trading is not for you my friend..reward v/s risk..rewards are much higher then the risk..if you cant afford to lose the money you are investing then dnt invest in Pennystocks please..