“Penny stocks are proliferating on Wall Street. But that still doesn’t make them a good deal.” Today’s article argues that, while “there are now nearly 400 stocks currently trading on major U.S. exchanges for less than $1 — the highest number in more than two decades”, these penny stocks may not be the good deal some investors may view them as. Specifically, the author outlines three dangers that come with penny stocks. To read more about these dangers, as well as what the author suggests as a better alternative for investors with smaller amounts to invest, CLICK HERE.