by nike15 on December 21st, 2006

nike15

Question

Help answer this question below.

What are penny stocks? How do they work? Are they worth it?

Answers. Showing one answer.

  • by TheAnswerer on December 21st, 2006

    TheAnswerer

    They are low-priced issues, often highly speculative, selling at less than $1 a share. Frequently used as a term of disparagement, although some penny stocks have developed into investment-caliber issues.


    Netegrity $2.18 to $78.20 3487%

    Visionics $4.38 to $21.00 379%

    Cellstar $1.44 to $13.50 837%

    Iomega $3.25 to $13.90 328%

    Nanophase $3.75 to $16.75 347%

    Immunomedics $1.44 to $29.12 1922%

    Total Renal Care$3.12 to $26.95 741%

    Voxware $ .90 to $10.31 1046%

    Corvas $3.00 to $23.25 675%

    Cytogen $2.12 to $17.50 725%

    Verilink $3.00 to $14.62 387%

    GeneLabs $2.31 to $10.72 364%

    I'm on the line on this one.

    Comments
    • Over how long a period of time?

      How many unsuccessful trades did that person have before finding these exceptions?

      Just about every knowledgeable investor knows those inexpensive stocks are huge gambles. Instead of just telling the great success stories, why not tell the whole story?

      VTY,
      Ron Berue

      R_Berue

      by R_Berue on May 29th, 2008

    • Like
    • Report

    1 comment | Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading What are penny stocks? How do they work? Are they worth it?

Follow us on Facebook!

Related Ads