2020 has been an interesting year, to say the least.
It has also been a fantastic year to be an investor in penny stocks.
A surge of new traders to free brokerages like Robinhood has created opportunities for low priced stock investors to profit unlike ever before.
Of course, the arrival of tens of thousands of new, uninformed traders into ow priced stocks has also increased the dangers of penny stock trading.
All too often this year, penny stocks that have seen sharp gains over a day or two have come crashing back to earth when the narrative behind the move proved false.
Investors who focus on low priced stocks with great products and the potential for real growth have been able to participate in these stocks’ upside potential while avoiding catastrophic losses.
Tags: Penny Stocks
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