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Forums > General Business & Finance Issues > What Are Penny stocks?
 
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Genny
Registered: 04/28/09
Posts: 1

    04/28/09 at 11:15 PM
Reply with quote#1

Hi,

Quote:
In the UK markets,  penny stocks, or penny shares commonly suggests to a stock and shares in small cap companies. These companies with a market capitalization of less than £100 million and/or a share price of less than £1 with a put forward spread greater than 10%. Financial Services Authority (FSA) declares a standard regulatory risk warning about penny shares to the public who take part.


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