Cheap OTC penny stocks (those that trade on the Over-the-Counter exchange) have the potential to provide game-changing returns, or break your portfolio. These are some of the most high-risk, high-reward investments you can make.
The potential for colossal gains is undoubtedly alluring, but it’s a double-edged sword. These stocks typically trade with very low volume, and rapid moves are possible either to the upside or the downside due to the thin order book behind these names.
If any of these companies land big contracts and take off in the coming years, they could deliver massive upside potential and turn your small investment into something meaningful. Here are three cheap OTC penny stocks to consider right now.
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