Have you ever received a random email touting the benefits of a company or its recent business success?
How many times have you been on a financial forum and seen some random posts about a stock that is “poised to see explosive growth” or some other crazy claim?
Or have you ever used a stock screener to find an attractive stock, but were shocked to see the share price was only 10 cents?
Whether you knew it or not you were being prospected for penny stocks. These dangerous stocks are deployed by scammers to steal money from you, but can be confusing to understand.