PersonalFinanceLab: What is a Penny Stock

In this animated video, learn the ins and outs of penny stocks, including their definition, risks, and potential rewards. Discover what makes penny stocks so volatile and how to navigate the market with caution. What You Will Learn: • Definition of penny stocks and how they are classified. • Risks associated with investing in penny stocks, including volatility and illiquidity. • How to calculate potential profits and losses in penny stocks. • Common pitfalls to avoid when investing in penny stocks, including scams and market manipulation. • The importance of due diligence and research when investing in penny stocks.