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Penny Sleuth – A daily newsletter edited by Jonas Elmerraji, with commentary and analysis on small-cap stocks. [23] Penny Stock Fortunes – Co-edited by Jonas Elmerraji and Greg Guenthner, advises on investing in penny stocks. [24] [25]
Penny stocks are common shares of small public companies that trade for less than five dollars per share. [1] The U.S. Securities and Exchange Commission (SEC) uses the term "Penny stock" to refer to a security, a financial instrument which represents a given financial value, issued by small public companies that trade at less than $5 per share.
Many penny stocks, particularly those that trade for fractions of a cent, are thinly traded.They can become the target of stock promoters and manipulators. [6] These manipulators first purchase large quantities of stock, then drive up the share price through false and misleading positive statements; they then sell their shares at a large profit.
Penny stocks are much more likely to be a poor company on the verge of disappearing than a hidden gem. 2. “If the stock goes up just $1, I’ll double my money” ...
Penny stocks are small-cap stocks that are very inexpensive, which can add up to big gains. If you have extra money & some risk tolerance, check out our list. 5 Best Penny Stocks To Buy Now
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