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Penny Stocks |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.06 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The Schwartzes liked it so much that they bought roughly 500 shares of what was then a penny stock. But now, it's practically a penny stock, so being listed in the California instructional materials catalog could really help the company," Appert says. With share prices edging toward penny stock ranges you would think the buying would have commenced by now. |
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