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Glossary > P > "Penny stock" Definition

Penny stock

Used in the context of general equities. Stock that typically sells for less than $1 a share, although it may rise to as much as $10/share after the initial public offering, usually because of heavy promotion. All are traded O.T.C., many of them in the local markets of Denver, Vancouver, or Salt Lake City.

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Penny stock - Used in the context of general equities. Stock that typically sells for less than $1 a share, although it may rise to as much as $10/share after the initial public offering, usually because of heavy promotion. All are traded O.T.C., many of them in the local markets of Denver, Vancouver, or Salt Lake City.

Penny stock : used in the context of general equities. stock that typically sells for less than $1 a share, although it may rise to as much as $10/share after the initial public offering, usually because of heavy promotion. all are traded o.t.c., many of them in the local markets of denver, vancouver, or salt lake city.