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What'S A "Penny Stock"?

5/30/2013

 
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Penny Stocks?
Also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. In the United States, the SEC defines a penny stock as a security that trades below $5 per share, is not listed on a national exchange, and fails to meet other specific criteria. 




ma·trix  /ˈmātriks/
Noun
  1. An environment or material in which something develops.
  2. A mass of fine-grained rock in which gems, crystals, or fossils are embedded.


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