By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
We're always looking for top penny stocks for investors – and some of our best picks climbed 440%, 231%, and 214% last year.
Penny stock investing is always a tricky proposition. Pitfalls abound. Flaky financial reporting, the risk of securities fraud, and illiquidity are a few of the biggest concerns when investing in penny stocks.
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By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Making the right penny stock picks can score investors triple-digit gains in a matter of weeks – or days.
Chelsea Therapeutics International Ltd (Nasdaq: CHTP) gained as much as 120% Jan. 15 when it got drug approval from an FDA advisory panel. That brings the drug one step closer to FDA approval.
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By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
GreenGro Technologies Inc. (OTC: GRNH) is up 1,210% (after having risen as much as 2,100%), Cannibis Science Inc. (OTC: CBIS) is up 183%, and Hemp Inc. (OTC: HEMP) is up 359%.
Hemp Chief Executive Officer Bruce Perlowin told Bloomberg News investors in pot penny stocks are looking for "the next Microsoft."
"The demand for marijuana is insatiable," said Perlowin. "You have a feeding frenzy for the birth of a new industry."
This is the kind of growth opportunity that comes along only once in a generation...
