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Disclaimer: Abraham
Lockhart receives no income from any third-party entities for recommendations. Although we may own an equity that we recommend
for purchase, or continue to own an equity that we recommend a sell on, or sell an equity that we recommend a purchase of,
we receive no monetary benefits for these recommendations. Our recommendations are solely for the benefit of the client.
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“Penny” stocks
vs. “Regular” stocks.
I have clients who ask me every day about investing in stocks-which are priced below two
dollars/one dollar. If I could compare price to price-performance, I would compare “penny” stocks to playing the lottery-any
lottery! You could drive down the highway at 125 miles-per-hour, and have just as good a chance “of making it” as investing
in “penny’ stocks. It is a sorry story!
“Regular-stocks,” (although all investing is considered speculative,) could
be compared to driving to work every day. You will not have many problems, but every now and then, something will happen.
You might have a flat-tire, or you might be stuck behind an accident! God forbid you are in an accident yourself-and way on
down on the “favorable” category-you caused it!
Let us just stay away from “penny stocks!” Yes, with enough research
you could perhaps invest in an extinct species. And many “penny stocks” almost are! If you want to invest in them, please
contact an investment advisor!!!!
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