Penny Stock OTC: Finding A Definition
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on 06-01-2012 at 01:02 PM (163 Views)
Although defining a penny stock OTC may seem simple, it can actually be quite difficult. First, we must look at what a penny stock actually is. At its core, a penny stock is any stock that costs less than five dollars per share. A stock may be this inexpensive because it belongs to a new company that has yet to make a name for itself or because it represents an untested product. In some cases, inexpensive stocks have dropped from a much higher price.
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