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Multiple and Intersecting Identities In Qualitative Research Penny Stocks are the micro cap
stocks with a low per stock value. The definition of these
stocks varies for different people and is generally understood as the
stocks with low value.
Penny stocks fulfill the
market criteria to a certain level and hence, they are not included on major stock exchanges. Instead, these are in pink sheets or OTCBB.
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Small-cap
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penny stock, also known as a "micro-cap stock” , is a publicly-traded stock with a very low price per share, usually under five dollars, sometimes less than a dollar (hence the name "
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