First of all, I’d like to remind everyone that I am not a professional financial advisor, planner or investment professional of any sort, so what follows are all just my opinions. At the same time though, my thoughts are pretty much in line with the general consensus about penny stocks — that they are extremely risky to delve into. I also have to caution you that I have rather strong opinions about such stocks.

I found this document from the State of Wisonsin’s Department of Financial Institutions alerting us to the issues surrounding the purchase and trading of penny stocks. After I scanned through it, I could only ask — could penny stocks have any redeeming qualities as an investment? Given the risk elements surrounding them, I could only come to the conclusion that trading in them is much like rolling the dice.