imported>Doug Williamson: Expand first definition.

2022-02-10T11:38:07Z

Expand first definition.

← Older revision		Revision as of 11:38, 10 February 2022
Line 7:		Line 7:

	Investing in such stocks can be appealing to certain very naive investors, on the basis that the potential for large proportionate gains - for example a doubling of the value per share - could be considered more likely than for a stock with a higher current market price per share.		Investing in such stocks can be appealing to certain very naive investors, on the basis that the potential for large proportionate gains - for example a doubling of the value per share - could be considered more likely than for a stock with a higher current market price per share.


			They are generally very high risk investments, and unsuitable for non-professional investors.

imported>Doug Williamson: Create page - sources - Oxford English Dictionary - Moles & Terry Handbook of International Financial Terms

2022-02-10T11:34:25Z

Create page - sources - Oxford English Dictionary - Moles & Terry Handbook of International Financial Terms

New page

1. ''Investment - investment strategies - equities - listed equities.''

An ordinary equity share - common stock - with a current market market price of less than US$ 1 per share.

So that its current market price can be expressed entirely in terms of "pennies" (= US dollar cents).

Investing in such stocks can be appealing to certain very naive investors, on the basis that the potential for large proportionate gains - for example a doubling of the value per share - could be considered more likely than for a stock with a higher current market price per share.

2. ''Investment - investment strategies - equities - listed equities.''

An ordinary equity share with a very low current market price per share, below a given threshold.

However - depending on the market - that threshold need not be exactly US$ 1, as described above.

For example, perhaps GBP 0.50, or US$ 5.

== See also ==
* [[Cent]]
* [[Common stock]]
* [[Equity]]
* [[Ordinary shares]]
* [[Penny]]
* [[Penny shares]]
* [[Preference shares]]
* [[Preferred stock]]
* [[Share]]
* [[Stock]]

[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Penny stock - Revision history

imported>Doug Williamson: Expand first definition.

imported>Doug Williamson: Create page - sources - Oxford English Dictionary - Moles & Terry Handbook of International Financial Terms