Stocktips.com Penny Stocks

Invests.com is advertising penny stock reports from Stocktips.com. According to the SEC, the term “penny stock” (also micro-cap stock) “generally refers to a security issued by a very small company that trades at less than $5 per share.” Invests.com makes this tantalizing claim:

Providing you are subscribed to the right newsletter, you can uncover penny stocks that are just about to explode. It’s not uncommon for penny stocks to double and even triple over 24 hours, while most stocks on the NYSE take years to mature.

Before jumping into any penny stock, consumers should just be aware that there have been major penny stock scams in the past, and investment experts say that penny stocks are very risky and generally warn people to be careful about investing their money this way.