Buying cheap stocks is like walking on the thread. You know what will happen once thread is cut.
If any of the institution is pulled out the money from the cheap stock, the price of the stock will just free fall.Because these penny stocks are holding by 1 or 2 institutions. No institution will not ready to buy cheap penny stocks. They prefer to buy high quality stocks which is more than $20.
All penny stocks will disturb your emotions a lot because of volatility.So beware of buying penny stocks.
