Micro-pennies:
These are stocks that trade in the triple zeros.
For e.g. XYZ at a price per share of 0.0001.
Micros, or trips as they are commonly called
are the most volatile plays in pennyland.
They are also usually stocks with the highest risks
of "reverse splits."
Since every tick or 2 can mean 50%-100% gains,
they are a favorite amongst flippers.
These can bring in some easy gains,
if you have the patience to sit on the bid,
and sell for a couple of ticks at the ask.
Micros can also be used as a great pick up line,
“Hey baby, I own 10 million shares in XYZ company.
Pretty sweet eh?”
$The best micros usually trade between 0.0003 to 0.0008.
