Chris Haroun warns that penny stocks are among the worst investments due to illiquidity, infrequent trading, and wide bid-ask spreads that erode capital quickly. He urges listeners never to invest in them.
Where are you? Quotrons here. Quotrons? Yeah. Computers.
No, no. We don't even need computers here. We just trade right up the pink sheets here. Pink sheets? Yeah, they're penny stocks. Penny stocks?
Penny stocks are the worst investments you can make. They're really illiquid. They don't trade that much. And the difference between the bid and the ask spread is so wide that you can lose a fortune. Please don't ever do it.
Great. Even better. I was selling garbage to garbage men and making cash hand over fist. The only problem you're gonna have is that you didn't buy more
shock.
So I was selling them
shit. Fuego.
