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Investing in Penny Stocks are very risky to say the least, but if you are going to do so, I highly recommend you read this before you even make your first trade. This book has a lot of very helpful information on how to go about in investing in penny stocks.
I recommend it to anyone who is thinking about investing. It is fully loaded with tons of concepts, definitions, tips and effective strategies. This book presents the reality or at least a more balanced take and that's what I like about it.