Investing in penny stocks or trading them is super risky. A lot of places online advertise that you can get rich quick, or make 100-1000% return on your money. You can definitely make those returns every once in a while, but it is not common to double or quadruple your money. There is not a rinse and repeat method when trading penny stocks.

Penny stocks are also super high risk for bankruptcy. There’s a reason why they are a penny stock. Something or many things within the company have gone wrong over time.

In the video, I go over some of the more famous penny stocks including the trader who lost over $100,000 shorting KBIO. Watch the full video and if you have questions, leave a comment below.