What it means a penny stocks trading?

Question

What it means a penny stocks trading?

Answer 1

It means you'll never get anywhere...why do you think they're called penny stocks?

Answer 2

Join a website like www.societecaribe.com, they will show you about trading penny stocks.

Answer 3

Cheap stocks! You try to buy them at their very bottom price, betting they won't go belly up. So say you buy a stock that normally runs about $75.00 a share, but because of some rough times it's now at $2.50 a share. Now you think it's a good stock, so you buy 1000 share at $2.50 a share spending $2,500.00. Okay hears where you make the money. The stock starts claiming back up & reaches $80.00 a share, so you sell thinking it's at its top.  You just made $77,500.00, maybe in less than a year. Or you may loss a $2,500.00 investment. Never invest more than you are willing to loose. Penny stocks can & do yell high returns, but you have to keep a watch on them daily. Good luck.

Answer 4

i think penny stocks are just parts of shares where multiple investors pool their money to complete the share (probably by an online brokerage firm). but i could be wrong