I have a thimble full understanding of the stock market. I once heard an experienced trader say to never be involved with "ghetto stocks" - IE: penny stocks..........................that you will lose you @ss quick - that they are too risky.
I have been intrigued lately by 'penny' stocks. I know Howard (Sirius) has constant commercials about this. Which makes me even more wary.
I do understand that traditionally they are volitile. Maybe my greed is clouding some judgement here...........but small moves in the right direction = big %.
Afterall % change in the right direction is what it's all about? (with good advice)
Anyone here dable in these or have recent experience? As always thanks
