Investors looking for the best cheap stocks to buy sometimes find themselves taking big risks. Namely, the stocks they purchase often are microcap penny stocks that have zero revenue and very thin trading volume.
five 2015’s Best Cheap Stocks to Buy Now: 7 Picks Under $10That’s a recipe for disaster.
Consider that earlier this year, the FBI just conducted a massive sting operation to capture penny stock fraudsters — and agents were shocked by the brazen way some folks are trying to manipulate these investments. That’s because cheap stocks that trade at a thin volume on the “pink sheets” are a playground for criminals looking to move the share price of an investment by any means necessary to make a quick buck.
If you’re insistent on finding to cheap stocks to buy now, then, be careful about looking at just share price alone. (more)
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