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    5 reasons why trading penny stocks is a fool’s game for any serious investor

    AnyFans Posted on

    By Peter Hodson

    Copyright financialpost

    5 reasons why trading penny stocks is a fool’s game for any serious investor

    Don’t believe us? There was once a company that at one point was worth $10 billion. Its business? Searching for Bigfoot We can’t make this stuff up. Or, more recently, seven Nasdaq-listed micro-cap stocks — Concorde International Group Ltd., Ostin Technology Group Co. Ltd., Top KingWin Ltd., Skyline Builders Corp., Everbright Digital Holding Ltd., Park Ha Biological Technology Co. Ltd. and Pheton Holdings Ltd. — all dropped more than 80 per cent in a matter of weeks in July after first being pumped up and heavily promoted on social media sites.

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