http://www.pennyinvest.com/The definition of penny stocks is different from person to person. Some investors wrongly assume it as a stock that trades for a cent whereas there are many stocks that trade for a cent and when traded correctly can yield vast profits. Some investors consider it trading under $5.Business & Economy > Securities TradingMar 29, 2010Andy Rodicsend email to Andy Rodic
The definition of penny stocks is different from person to person. Some investors wrongly assume it as a stock that trades for a cent whereas there are many stocks that trade for a cent and when traded correctly can yield vast profits. Some investors consider it trading under $5.
The penny stocks are hot issue worldwide. The stock market enables the companies to increase money to expand their business. However the new investor can be victim of many scam companies. These fraud companies give wrong information about their financial health and convince people to buy their stocks.
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