Penny stocks are so attractive thanks to their explosive potential. These stocks trade for just dollars, or even pennies, and can post triple- or even quadruple-digit gains in a matter of days.
But they are also much riskier than normal stocks. Most penny stocks are listed on over-the-counter exchanges with no requirements for being listed.
As a result some penny stocks are merely scams relying on pump and dump schemes that could quickly drain your entire investment.
However not ALL penny stocks are scams. Here's one of the best penny stocks to watch for 2018...
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