What are penny stocks Aand why are they so cheap? | Preston Hudman's VERIFIED BLOG

Penny stocks are stocks that are priced at a very low value, typically under $5 per share.

Author: Kristina J Novak  (VIP Contributor) 

However, penny stocks are also associated with high risk. Since these companies are often small and relatively unknown, they may not have a proven track record of success. Additionally, penny stocks are often subject to price manipulation and fraudulent activity. Some unscrupulous investors may artificially inflate the price of a penny stock and then sell their shares at a profit, leaving other investors with worthless stock.

In conclusion, penny stocks are stocks that are priced at a very low value and are associated with small, emerging companies. They are cheap because these companies are often relatively unknown and may struggle to attract investors. While penny stocks offer the potential for high returns, they are also associated with high risk and should be approached with caution. As with any investment, it is important to do your research and understand the risks before investing in penny stocks.

Preston Hudman is an investor as well as a digital marketer and he has owned several busineses of varying success before founding his current company callled Verify Growth that primarily makes money through passive income revenue streams as well as Preston's Influencer marketing efforts. Preston has recently been investing is stocks and learning the ropes and now is sharing what he has learned with the people who visit his blog. Please follow Preston on tiktok@prestonhudman

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