Penny Stock Scams
February 23rd, 2008
Filed under: Finance | No Comments »
Penny stocks in general are volatile, equally capable of turning a small investment into a sizeable fortune or a huge loss. Investors in this market are often gamblers by nature, and those who push penny stock scams are aware of this. Scammers understand that many investors are lured by the siren call of Inside Information. Scammers count on unwary investors to jump on the anonymous hot tip on an online forum or chatroom. The savvy investor in penny stocks will be aware of, and will avoid, some basic penny stock scams.