Penny stocks are nothing more than common stocks that has been valued at lower than a dollar. Penny stocks are a very easy way for organizations to attract investors, and for the investors the penny stocks are very cheap to buy. However, there are thousands of penny stocks out there, and nobody can say that each and every one of the penny stocks traded in the market is okay to invest in. The thing is penny stocks have been used by shady organizations to swindle unwary investors in the past. Also, many fraudulent individuals due to the cheap asking price of penny stocks can sometime manipulate its prices by creating artificial demand, or by manipulating the supply of such stocks. This is why, when it comes to penny stocks investors are rather skeptical. However, I am sure you are already aware that we track quite a few huge hedge funds at Insider Monkey, and this is why we can say with a degree of confidence that the penny stocks we recommend are likely to turn a profit in this year, and perhaps will continue to do well in the future as well. If you are going to invest in penny stocks why not invest in the top penny stocks in 2017.
If you wish to learn more about this interesting topic, then you have come to the right place. At insider monkey’s blog page, we have put together the list of Top 10 Penny Stocks To Buy in 2017. Just click on the provided link to get instant access to the full article.