441 - Penny Stocks part 3

The abundance of unlisted companies available to buy into is a complicated resource for investors. One one hand, the opportunity that comes from smaller stocks being overlooked could lead to incredible results from unlikely sources, but the potential for staggering losses is equally high in this volatile market. For those willing to dig into the thousands of pink sheet stocks and do the necessary due diligence, the penny stock market can be a gold mine of prospective businesses that don’t get attention from the vast majority of investors. However, this entirely hinges on avoiding the countless scams and schemes that plague these unlisted stocks. This week, Phil and Danielle return once again to the topic of pink sheet stocks and why they may or may not be worth your time and attention as a value investor. If you’re in the early stages of your investing journey, don’t miss out on your free copy of The Complete Guide to Investing for Beginners: https://bit.ly/3MBzewf Topics Discussed: Pink sheet stocks vs. OTCBB stocks Reverse stock split Issues of scale/accessibility Resources Discussed: Got something you’ve been wanting to ask Phil and Danielle? Send it to questions@investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices