The market gyrations leave traders looking to get out, which reinforces the bear trends and deepens the drops, or looking for discount stocks that may offer solid returns for a low cost of entry. Which, when you think about it, brings penny stocks to mind.These are low-cost shares, usually in low-cap companies. Historically, these stocks were valued at less than a dollar, although today penny stocks are defined as selling for less than five dollars. The main attraction here is a consequence of the low share price: even a modest-seeming dollar gain per share can translate into a high-percentage return. …read more
Source:: Yahoo Finance
