Penny Stocks?

Today at work, during the break, I was talking to one of my coworkers, and for some reason, our topic was about investing in stocks.Neither of us were very knowledgeable in trading stocks, as even though I was educated in finance (major mandatory), and we were just sharing our stock investment stories.

Oh, now I remember why - he first brought up the topic! He told me that he got some stocks this morning, and I asked what it was. He told me, "Kodak"

So, Kodak's stock price went up a little, from about $0.61 per share yesterday to $0.81 today - which is about 35% increase. We started sharing our investment stories, such as I told him that I usually do not follow financials and put money in for personal reasons - for example, I bought AIG right before they were going out of business, because they were sponsoring Man Utd, which is one OF my favorite teams.

Of course, after speaking of all these investment stories and Kodak stocks, our discussion was mainly for penny stocks.

What are penny stocks? These are often called as Cent stocks in other countries, and means stocks which are less than $1.00 / share price. Penny stocks usually concerns investors, as today the Internet makes stocks to be traded easily and scams/frauds to be done more easily as well. Whether to invest in penny stocks? It's your call (of course, after abundant research)!!