2007-06-03 02:21:07 · 9 answers · asked by Khadysja S 1 in Business & Finance ➔ Investing
many stocks trade for very low prices per share. Some are small fractions of a penny, eg .008 per share. I think most of these are called pink sheet stocks and are identified for example with the pk after the symbol... puhr.pk. Others have an .ob such as etlt.ob which trades for about .60
2007-06-03 02:27:47 · answer #1 · answered by R B 4 · 0⤊ 0⤋
Penny Stock
A stock that sells for less than $1 per share but may also rise to as much as $10 per share as a result of heavy promotion. All penny stocks are traded over the counter (OTC) or on the pink sheets.
Investopedia Says: Penny stocks are highly speculative and risky. Many brokerages don't cover them simply because they are so difficult to track and predict.
2007-06-03 02:30:19 · answer #2 · answered by Scabius Fretful 5 · 0⤊ 0⤋
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/4ed13
2015-01-25 03:09:35 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If a person has no knowldge and skills about Forex then it will be very difficult to trade in Forex. But if you use the right software you can make very good profit. The best software is called "autobinary signal". If you aren't a big expert this software is the only way to earn good money in Forex.
2014-10-03 23:51:34 · answer #4 · answered by ? 1 · 0⤊ 0⤋
stock that sells for under $2
2007-06-03 02:22:57 · answer #5 · answered by smiling_freds_biz_info 6 · 0⤊ 0⤋
Higher risk investments. Usually smaller companies that sell their shares for usually under 2 bucks.
2007-06-03 02:24:02 · answer #6 · answered by . 1 · 0⤊ 0⤋
any stock priced under one dollar. generally not the wisest investments.
2007-06-03 02:23:04 · answer #7 · answered by TimmyPitt 1 · 0⤊ 0⤋
stocks that cost very very little..not good investments.
2007-06-03 02:23:41 · answer #8 · answered by manhattanmaryanne 7 · 0⤊ 0⤋
http://www.investopedia.com/terms/p/pennystock.asp
2007-06-03 05:39:35 · answer #9 · answered by jeff410 7 · 0⤊ 0⤋