Penny Stocks

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Penny Stocks

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.

References in periodicals archive ?
King sold billions of shares in penny stocks on behalf of two clients several years ago.
Asked how this and other predictions play into his penny stocks and the various penny stock investing picks, Leeds mentions that all factors affect the economy and the nation in their own ways, and those in turn will impact penny stock investing.
A Hong Kong government-appointed panel of inquiry into a recent fiasco over a controversial proposal to delist low-priced companies from the stock exchange found Tuesday that no officials or market regulators should be faulted even though the incident resulted in heavy losses in the so-called penny stocks.
The SEC seeks permanent injunctions and penny stock bars against both Quigley brothers, and additionally seeks civil penalties and disgorgement plus interest from Michael Quigley.
The Fool responds: This is an ultra-risky penny stock, with no revenue or earnings yet.
Authorities in Canada and the US are searching for John Babikian, a Montreal man accused of running a penny stock fraud known as "scalping" and who reportedly has passports from four countries including St Kitts & Nevis, the latter acquired under that country's citizenship by investment programme, reports Caribbean News Now (June 13, 2014).
To receive free penny stock newsletters with the hot penny stocks to buy, Signup @ http://microstocksalert.com/.
A penny stock trades at a very low price, usually below ` 10, or is issued by a company whose market capitalisation is less than ` 100 crore.
Since going public in 2006, GateHouse (NYSE: GHS) has gone from a must-have stock whose share price reflected a dividend payout much higher than usual for a newspaper company -- to a penny stock that has traded as low as 30 cents.
He's about to buy into the penny stock TeleServices Internet Group which provides telecommunications and Internet solutions to domestic and international companies.
Clearside Biomedical Inc (NASDAQ: CLSD) shares entered penny stock territory Thursday after the company issued an update on what transpired at a meeting with the FDA regarding the new drug application for Xipere.
In addition to a permanent penny stock bar, Napodano agreed to pay full disgorgement of his insider trading profits totaling $143,865.48 plus interest of $17,620.87 and a penalty of $143,865.48.