{"id":1054,"date":"2014-10-22T00:00:51","date_gmt":"2014-10-22T00:00:51","guid":{"rendered":"http:\/\/www.thompsonlawsd.com\/?p=1054"},"modified":"2014-09-16T17:51:11","modified_gmt":"2014-09-16T17:51:11","slug":"stay-away-penny-stocks","status":"publish","type":"post","link":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/","title":{"rendered":"Stay Away from Penny Stocks"},"content":{"rendered":"\"Stay<\/a>\n

It doesn\u2019t take a seasoned trader to know the first rule of investing is to buy low and sell high. Therefore, it might seem like penny stocks would make a lot of sense, especially for those of us without a lot to spend. After all, you could easily buy thousands of shares without risking much and if you happen to pick a good one, the sale would net you a small fortune.<\/p>\n

That\u2019s how you\u2019d like it to work anyway and it\u2019s usually this hope that keeps penny stocks (which are basically any stock trading for $5 or less a share) relevant. But the truth is that these stocks rarely pay off. Optimists will look at a stock trading at $00.01 a share and rationalize it\u2019s worth spending $10 because it\u2019s such little risk with so much potential reward. You have to remember, though, that stock isn\u2019t trading at $00.01 a share because the company\u2019s doing something right. So you stand a very good chance of losing $10 for nothing. Keep chasing that mentality and you\u2019ll be no better than a gambler who\u2019s throwing their money away.<\/p>\n

Again, the vast majority of companies aren\u2019t penny stocks because they\u2019re simply a diamond in the rough. When you think about how many financial geniuses are playing the stock market all over the world, it\u2019s near impossible that this kind of exception would exist out in the open like this. Instead, a lot of these companies are on their way to bankruptcy or otherwise going out of business and may be using penny stocks for one last shot at capital. They\u2019ll take your money, declare bankruptcy and leave you with nothing.<\/p>\n

Most people also take for granted that they can simply sell their penny stocks whenever they wish like with conventional versions. The hard truth is that unless your penny stock turns out to be a winner, you may not have anyone willing to make the same mistake you did.<\/p>\n

Even those without a lot of capital can explore mutual funds, CDs and other affordable investment opportunities instead of something as risky as penny stocks. Simply put, they\u2019re not worth it.<\/p>\n

Source:<\/p>\n

http:\/\/www.frugalrules.com\/dont-invest-penny-stocks\/<\/p>\n","protected":false},"excerpt":{"rendered":"

It doesn\u2019t take a seasoned trader to know the first rule of investing is to buy low and sell high. Therefore, it might seem like penny stocks would make a lot of sense, especially for those of us without a lot to spend. After all, you could easily buy thousands of shares without risking much […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"acf":[],"yoast_head":"\nStay Away from Penny Stocks - Bankruptcy Lawyer<\/title>\n<meta name=\"description\" content=\"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stay Away from Penny Stocks - Bankruptcy Lawyer\" \/>\n<meta property=\"og:description\" content=\"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.\" \/>\n<meta property=\"og:url\" content=\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/\" \/>\n<meta property=\"og:site_name\" content=\"Bankruptcy Lawyer\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-22T00:00:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-09-16T17:51:11+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small-300x199.jpg\" \/>\n<meta name=\"author\" content=\"Anthony Thompson\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anthony Thompson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/\",\"url\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/\",\"name\":\"Stay Away from Penny Stocks - Bankruptcy Lawyer\",\"isPartOf\":{\"@id\":\"http:\/\/www.thompsonlawsd.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#primaryimage\"},\"image\":{\"@id\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small-300x199.jpg\",\"datePublished\":\"2014-10-22T00:00:51+00:00\",\"dateModified\":\"2014-09-16T17:51:11+00:00\",\"author\":{\"@id\":\"http:\/\/www.thompsonlawsd.com\/#\/schema\/person\/a18e784acb2ffada58b4a6aed1341ee7\"},\"description\":\"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.\",\"breadcrumb\":{\"@id\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#primaryimage\",\"url\":\"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small.jpg\",\"contentUrl\":\"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small.jpg\",\"width\":849,\"height\":565},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/www.thompsonlawsd.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stay Away from Penny Stocks\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/www.thompsonlawsd.com\/#website\",\"url\":\"http:\/\/www.thompsonlawsd.com\/\",\"name\":\"Bankruptcy Lawyer\",\"description\":\"A Slingshot Law Firm\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/www.thompsonlawsd.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"http:\/\/www.thompsonlawsd.com\/#\/schema\/person\/a18e784acb2ffada58b4a6aed1341ee7\",\"name\":\"Anthony Thompson\",\"url\":\"http:\/\/www.thompsonlawsd.com\/author\/writer\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Stay Away from Penny Stocks - Bankruptcy Lawyer","description":"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/","og_locale":"en_US","og_type":"article","og_title":"Stay Away from Penny Stocks - Bankruptcy Lawyer","og_description":"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.","og_url":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/","og_site_name":"Bankruptcy Lawyer","article_published_time":"2014-10-22T00:00:51+00:00","article_modified_time":"2014-09-16T17:51:11+00:00","og_image":[{"url":"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small-300x199.jpg"}],"author":"Anthony Thompson","twitter_misc":{"Written by":"Anthony Thompson","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/","url":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/","name":"Stay Away from Penny Stocks - Bankruptcy Lawyer","isPartOf":{"@id":"http:\/\/www.thompsonlawsd.com\/#website"},"primaryImageOfPage":{"@id":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#primaryimage"},"image":{"@id":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#primaryimage"},"thumbnailUrl":"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small-300x199.jpg","datePublished":"2014-10-22T00:00:51+00:00","dateModified":"2014-09-16T17:51:11+00:00","author":{"@id":"http:\/\/www.thompsonlawsd.com\/#\/schema\/person\/a18e784acb2ffada58b4a6aed1341ee7"},"description":"The Thompson Wedeking Bankruptcy article library provides all the information you need on Chapter 7, Chapter 11, and Chapter 13 Bankruptcy.","breadcrumb":{"@id":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#primaryimage","url":"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small.jpg","contentUrl":"http:\/\/www.thompsonlawsd.com\/wp-content\/uploads\/2014\/09\/iStock_000001509007_Small.jpg","width":849,"height":565},{"@type":"BreadcrumbList","@id":"http:\/\/www.thompsonlawsd.com\/stay-away-penny-stocks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.thompsonlawsd.com\/"},{"@type":"ListItem","position":2,"name":"Stay Away from Penny Stocks"}]},{"@type":"WebSite","@id":"http:\/\/www.thompsonlawsd.com\/#website","url":"http:\/\/www.thompsonlawsd.com\/","name":"Bankruptcy Lawyer","description":"A Slingshot Law Firm","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.thompsonlawsd.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"http:\/\/www.thompsonlawsd.com\/#\/schema\/person\/a18e784acb2ffada58b4a6aed1341ee7","name":"Anthony Thompson","url":"http:\/\/www.thompsonlawsd.com\/author\/writer\/"}]}},"_links":{"self":[{"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/posts\/1054"}],"collection":[{"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/comments?post=1054"}],"version-history":[{"count":0,"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/posts\/1054\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/media?parent=1054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/categories?post=1054"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thompsonlawsd.com\/wp-json\/wp\/v2\/tags?post=1054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}