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tdp2664 InvestorPlace Investing in so-called penny stocks is certainly attractive. If you buy a stock for 10 cents, it only needs to increase by a mere dime to double your money, right? But when it comes to investing, things are usually not straightforward. If anything, penny stocks can be a great way to lose a good amount of money. Just look at crackdown earlier this year from the Securities and Exchange Commission in which it suspended trading in 17 penny stocks because of concerns about the accuracy of the financial disclosures. As should be no surprise, all the companies were traded on the over-the-counter (OTC) market. The two main platforms include the OTC Bulletin Board and the Pink Sheets.
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