Investors won’t hesitate to tell you that one of the most frustrating things about trading stocks are the costs. Commissions and fees charged by brokers can hurt the bottom line of most small investors. A $20 commission that is charged on a $500 trade makes up 4% of the entire trade. This puts all of [...]
For this discussion, the term “penny stocks” has come to refer to stocks in the 1 – 10 dollar range, not stocks actually costing pennies. Stocks this cheap are usually best left for private investors. That being said, the so-called penny stocks are capable of some astonishing gains – sometimes in a very short period [...]