All these years in the stock market, I have seen many life changing events. There are millionaires made and also many lives ruined. Penny stocks are one of the reasons for these extreme life changing events. Before we begin, let me introduce what Penny stocks are. Penny stocks are small companies whose shares trade for a relatively low price. They may look cheap compared to popular stocks such as Amazon or Apple, but often they're much more expensive, despite their lower price tag. Penny stocks are among the market's most dangerous stocks, so you may pay a much greater price than you first expect, including potentially losing all of your investment. Here's what a penny stock is and why it's so risky to investors looking to grow their wealth. •What is a penny stock? The exact def