Re: Penny Stocks
Would this have a big effect on current portfolio stock and reduce its value?
Only if demand is diverted from the players in your portfolio into the penny stocks leading to a drop in value - pretty sure that will happen! May take a while for the market to stabilise again, at least that is my take on it
Think pulisic is a great investment, as low as I have seen him in a while and consistently hit 120% off his current value over the last season. The kids only going to get better this season. Plus there's always going to be transfer speculation when it comes to young Dortmund players.
You'll probably see a big gap between the haves and have nots as it were. Prices of players not 'safe of the 200 spot' will crash I reckon.