There are about 850 penny dreadfuls on the ASX market.Out of these I can count about 10 that maybe I would buy.So about 1 in a 100 is a real business to invest in.The other 99 are gambling stocks.If you get the right company you can do well.Remember many big companies were once a penny dreadful for instance REA. The person who bought REA as a penny dreadful could be worth $50 million.
