I can’t think of a worse investment than penny stocks. Maybe a Ponzi Scheme is worse? Debatable.
Penny stocks seem to be gaining popularity as a water cooler investment. They are esoteric. They seem to require a lot of research. Similar to cannabis stocks, crypto, and Gamestop, they are fun to talk about.
![Piggy banks with spilled pennies](https://www.lutherwealth.com/wp-content/uploads/2021/05/piggy-bank-760993_1920-1024x683.jpg)