What are Penny Stocks?
Penny stocks are common shares of stock from public companies that, in accordance with the Securities and Exchange Commission (SEC), sell for $5.00 or less. More specifically, according to many investing firms and companies, they are only considered penny stocks if they sell for $1.00 or less. Other companies consider penny stocks any stocks that sell shares for less than $3.00. There is no set universal definition that explains what makes a stock a penny stock.
read moreInvesting in Penny Stocks
Penny stocks can be a good way for beginning investors to learn how to buy and sell stock and learn the rudiments of investing in the stock market. Investing in penny stocks has been a method for advanced traders to use money they can afford to take more risk with, or as a way for traders to lock their position into place in new or upcoming companies. No matter how you approach it, investing in penny stocks can be a fun and enjoyable way of making money.
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There are risks associated with investing. Return on investments vary and can typically range anywhere between -75% and +2000%. Before adhering to our site or signing up for our email list, please read and fully understand this full disclaimer. If you have any questions, please be sure to consult with a professional.