Penny Stocks Are Booming, Which Is Good News for Swindlers

New York Times – In a story about penny stocks, Healthy Markets Executive Director Tyler Gellasch is quoted saying “It’s part of a “massive surge” in retail trading reminiscent of the 1920s, when amateurs flooded into the stock market before the 1929 crash. The only relevant historical precedent seems to increasingly be the days before the Great Depression.” (Full Story).