#Lost of micro cap stocks registration#
Reasons: 1) the perceived difficulty of manipulating higher valued stocks 2) the fact that $5/share was the threshold for the ULOR/SCOR - a uniform, streamlined state registration form for companies When the Commission adopted the $5 threshold for penny stocks it cited three You can on most daysįind stocks that are trading for less than a dollar or for pennies on every exchange including the NYSE, NASDAQ.
The plain fact is that today you can find stocks that sell for less than $5.00 on all exchanges including the NYSE. Net tangible assets that are less than $2 million, if the issuer has been in continuous operation for at least three years or a market capitalization less than $5 million, if the issuer has been inĬontinuous operation for less than three years or whose average revenues are less than $6 million for the last three years.
Laws, penny stock is defined generally as: an equity security that is not listed on Nasdaq or a national securities exchange and either (a) has a price per share that is less than $5 or (b) whose issuer has "Micro cap" stock generally describes a low market capitalization of less than 5 million when the number of shares is multiplied by the stocks price. A penny stock is generally a security that is priced at less than $5 per share and is not traded on Nasdaq or listed on a Suggest, these stocks are generally low-priced securities issued by small companies. The terms "micro cap" stock and "penny stock" have been used to describe a particular segment of the securities market. The trick is to be able to spot the potential legitimate winners and the potential losers. That trades for pennies a share in the over the counter market or OTCBB and Pink Sheets Remember Microsoft ( MSFT ) was once a penny stock. Many small, reputable, legitimate companies issue stock Have been seen on all exchanges including the NYSE over the years but the majority of activity has taken place on the lesser requirements exchanges. Because there can be illegal activity involving small cap stocks, this page tries to caution investors about penny stocks be assured that illegal activities Stocks and the markets in which they are traded. This page is designed to provide the investor or trader, with general information about small cap stocks or penny
A lesson for Investors of Penny Stocks, Small Cap
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