What are penny stocks?

June 28th, 2008 by admin

Penny stocks are low priced stocks. They can range from about 1 cent to about 5 dollars. When you invest in penny stocks, you should understand the risks and returns. This is because they are not like the normal stock which is traded on the large stock exchanges like NASDAQ or NYESE. If you are going to invest in penny stocks, you should seek advice form a reputable broker who is familiar with penny stocks. You should also of course do your own research using online sources.

Posted in Business