Penny stock query

Mr Anderson said:

lets say I invest in a penny stock with a market value of 0.001. If I invest $5000, and the stock doesn't do what I think it would, but their is a decent amount trading volume on that given stock, is 'getting out' simply as easy as selling the stock for 0.001 and losing only the buy and sell brokerage?

Obviously the last thing I want is to be left holding $5000 worth of stock that no one wants. I have bought and sold before, but never outside the ASX 200. Just leaves me feeling slightly uneasy as this part of the market is foreign to me.

Also, are such companies in danger of one day just falling of the market, and along with it, your investment?

Click to expand...

Mr Anderson said:

lets say I invest in a penny stock with a market value of 0.001. If I invest $5000, and the stock doesn't do what I think it would, but their is a decent amount trading volume on that given stock, is 'getting out' simply as easy as selling the stock for 0.001 and losing only the buy and sell brokerage?

Obviously the last thing I want is to be left holding $5000 worth of stock that no one wants. I have bought and sold before, but never outside the ASX 200. Just leaves me feeling slightly uneasy as this part of the market is foreign to me.

Also, are such companies in danger of one day just falling of the market, and along with it, your investment?

Click to expand...