What are penny stocks?

Asked by Martha

1 Answer

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Answered by Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA
Stocks that trade for less than a dollar per share. People often confuse the price of a stock with the value of a share. A stock that trades for 50 cents could be extremely overpriced compared to a stock that trades for $100 per share. | 03.07.14 @ 17:50
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Answered by

Alex Bentley
Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA