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LSDefine

Simple English definitions for legal terms

penny stock

Read a random definition: po. lo. suo.

A quick definition of penny stock:

A penny stock is a type of stock that is not traded in established markets, represents no tangible assets, or has average revenues less than required for trading on an exchange. It is highly speculative and can be purchased for less than $5 a share. Penny stocks are often considered risky investments because they are not regulated like other stocks and can be easily manipulated by scammers. It is important to do thorough research before investing in penny stocks.

A more thorough explanation:

A penny stock is a type of equity security that is not traded in established markets, represents no tangible assets, or has average revenues less than required for trading on an exchange. Typically, a penny stock is highly speculative and can be purchased for less than $5 a share.

For example, a startup company that has not yet established a track record of success may issue penny stocks to raise capital. Investors who purchase these stocks are taking a high-risk gamble that the company will become profitable in the future and the stock price will increase.

Another example is a company that has experienced financial difficulties and is on the verge of bankruptcy. The company may issue penny stocks as a last-ditch effort to raise funds and avoid going out of business. Investors who purchase these stocks are taking an even greater risk, as the company may ultimately fail and the stock may become worthless.

In both examples, the penny stock represents a high-risk investment with the potential for high rewards, but also the potential for significant losses.

Pennsylvania rule | penology

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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