7 F-Rated Penny Stocks Not Worth The Gamble
When everything is on sale, it’s tough to figure out what’s a bargain. And that’s where penny stocks get so much attention in markets like this.
We’re in a stock pickers’ market right now. Sectors are being sold off by institutional investors as the domestic and global economies try to gain their footings. Remember the stock market is forward looking. It’s trying to guess where we’ll all be in the next 6 – 12 months.
As you can tell by the daily gyrations, nobody is willing to bet where that is yet. Once we have that direction, good penny stocks may be a great opportunity. But that’s not now.
I’m not saying these seven penny stocks are doomed, but since we have no idea where the bottom is yet, this isn’t the time risk it on these little stocks.
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Category: Stocks To Avoid
