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[–] PraiseIPU 0 points 4 points (+4|-0) ago 

Word of warning to penny stocks. Some trading companies will tack on an extra fee for any stock worth less than $1. On top of the usual $4-$7 per trade fee.

This can pay off like in the case of Fanny Mae/Freddy Mac which were trading below $0.20/share at the bottom and spiked to $5/share at one point. But these cases are extremely rare.

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[–] Womb_Raider ago 

Oh, jeez. Stock fees were always a racket.