Why not invest in penny stocks?

I understand that, because “Your questions answered” is sponsored by PSG Wealth, the answers to readers’ queries will be biased. However, the advice (published on September 24) to Bill Davidson that he needs R250 000 to trade on the stock market is completely false. I have been trading in penny shares for many years and am doing quite well. Francois van Wyk could at least have advised him about penny shares. I feel that your readers have been badly misinformed in this case.

Karen Jones