Good Morning, I am new to this board and new to stock investing. All my stocks are Canadian with a mixture of growth and dividend. I was looking at American penny stocks this weekend. Some are really cheap. $0.0027 to $0.0001 as an example but these stocks look really suspect. Many don't have websites and their last financials are from 8 to 10 years ago. I doubt many of them are still in business but some of these stocks have daily/weekly activity. Its not big volume. You can pick up 1,000,000 shares of some of these companies for $300 - $500 U.S.$. My question. Why would anyone throw money in these companies when don't even look like their still a going concern?
