Penny stocks can seem tempting to some investors due to their low cost and potential for quick gains, but they carry significant risks and are often manipulated due to the light regulation they see from the FCC.\n\nIt\u2019s hard to argue that a low cost of entry and the potential for high returns aren\u2019t tempting, but the illiquidity of penny stocks and their heightened potential for fraud tend to be warning signs for value investors.\n\nOn this episode, Phil and Danielle share their opinions and experiences related to the penny stocks side of their investing journeys.\n\nFor help in finding the right businesses to see your investments generate consistent returns, click here to get your free copy of How To Pick Stocks: The 5-Step Checklist: https://bit.ly/3ros8mU\n\nTopics Discussed:\n\nSurgery\n\nPenny stocks\n\nNetflix\n\nFair Use\n\nColombo Family fraud case\n\nPenny stock liquidity problems\n\nMicrocap fraud\n\n\nResources Discussed:\n\nThe Wolf of Wall Street\n\nBarbie\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices