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Penny Stocks |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.26 sec. |
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Inexpensive issues of stock, typically selling at less than $1 a share, in companies that often are newly formed or involved in highly speculative ventures. Penny stocks are usually available for sale over-the-counter, that is, among brokers and customers themselves, as opposed to being listed on the American Stock Exchange or the New York Stock Exchange. |
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? References in periodicals archive |
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If your office is like ours, we sometimes feel bombarded by taxed advertisements for burial plots, sea cruises, printer ink, penny stocks, money schemes from Nigeria, and numerous other seams and "offers" with no phone number or address to request that our fax number be struck from their automated list. com and editor of The Calandra Report, an internet investment newsletter, was ordered to pay more than $540,000 to settle federal regulators' charges that he used the newsletter to pump up the price of penny stocks he owned before selling them. A Penny stocks are often small, early-stage, unknown companies whose stocks trade at less than $1 per share. |
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Penny Stocks
