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How Not to Get Scammed With Penny Stocks
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[QUOTE="Jasmine, post: 253200, member: 49159"] Penny stocks are not scams, however, some scammers try to scam people through penny stocks. First of all they will evaluate the value of penny stocks more than the market value, for example, the price of stocks not even be 10 cents, but they will value the stocks for 20 cents, or 30 cents. For normal people stocks that can be bought for 20 or 30 cents look very lucrative but these people do not kn ow that these stocks are over valued even though they are cheaper than majority of stocks. Secondly, the value of stocks do not match with the market value of the company. The company does not have any sales, the company is not making any profits, yet it is tell you that the stock is profitable investment. Who gets caught in these Penny Stocks Scams? People who are greedy, people who want to take short cut route to success. [/QUOTE]
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How Not to Get Scammed With Penny Stocks
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