Despite Putrid Economy, Investors Increasingly Rolling the Dice on Speculative Small- Cap Stocks
“Economic hardships prompt people to justify small-stakes gambles even as they cut back on nonessential goods and services.”
Did you know that lottery sales continue to rise in nearly 1/2 of all U.S. states despite a putrid economic environment? Mounting financial fears are driving American consumers to roll the dice on $1 to $5 daily drawings and scratch tickets in hopes of striking it rich.
In today’s edition, let’s look at how this relates to the world of small-cap stocks and also take a look at a company poised to benefit from increased investor focus on speculative stocks. Read the rest of this entry »
