All these years in the stock market, I have seen many life changing events. There are millionaires made and also many lives ruined. Penny stocks are one of the reasons for these extreme life changing events. Before we begin, let me introduce what Penny stocks are. Penny stocks are small companies whose shares trade for a relatively low price. They may look cheap compared to popular stocks such as Amazon or Apple, but often they're much more expensive, despite their lower price tag. Penny stocks are among the market's most dangerous stocks, so you may pay a much greater price than you first expect, including potentially losing all of your investment. Here's what a penny stock is and why it's so risky to investors looking to grow their wealth. •What is a penny stock? The exact def
After the Surge: Will FFIE Drop Back to Penny Stock?
On December 30th, Faraday Future announced that it would officially deliver a brand-new FF 91 2.0 Futurist Alliance electric vehicle to Mr. Luke Hans, a prominent entrepreneur and leader in the Los Angeles Chinese community, in mid-January 2025. ------------ Following the announcement, FFIE surged 78% but subsequently dropped by 22%. Is this the end of FFIE’s rally? Will it fall below $1? Would you consider buying FFIE at $1?
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