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LSDefine

Simple English definitions for legal terms

penny stock

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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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18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
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