441 - Penny Stocks part 3
The abundance of unlisted companies available to buy into is a complicated resource for investors.\xa0One one hand, the opportunity that comes from smaller stocks being overlooked could lead to incredible results from unlikely sources, but the potential for staggering losses is equally high in this volatile market.\n\nFor those willing to dig into the thousands of pink sheet stocks and do the necessary due diligence, the penny stock market can be a gold mine of prospective businesses that don\u2019t get attention from the vast majority of investors.\xa0However, this entirely hinges on avoiding the countless scams and schemes that plague these unlisted stocks.\n\nThis week, Phil and Danielle return once again to the topic of pink sheet stocks and why they may or may not be worth your time and attention as a value investor.\n\nIf you\u2019re in the early stages of your investing journey, don\u2019t miss out on your free copy of The Complete Guide to Investing for Beginners:\xa0https://bit.ly/3MBzewf\n\nTopics Discussed:\n\nPink sheet stocks vs. OTCBB stocks\n\nReverse stock split\n\nIssues of scale/accessibility\n\n\nResources Discussed:\nGot something you\u2019ve been wanting to ask Phil and Danielle?\xa0Send it to questions@investedpodcast.com\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices