Penny stocks are a fascinating part of the stock market. The high-risk high-reward nature of penny shares makes them compelling. Everyone has seen that stock that went from a buck to $10 a share, creating a small fortune for traders. On the other hand, it’s no secret that most penny stocks aren’t great investments. After all, companies don’t usually come public at low share prices; they get there from consistently disappointing earnings and business performance along the way. That leads us...

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