Hey People,
Been trying to figure something out about how this sort of penny stock or penny stocks in general work.
Very new to the Stock game, and have a kid who approximately 3 years or so during his senior year in High school invested just a couple hundred into IBRC. In some class they were running test trials to see who ends up with the most at the end of the semester and my kid gave it a shot in real life. I been trying to cash out for years, just the money he put into it, not looking to become rich or anything but i cant sell the stock.
I own stocks in a company which trades at above $10 and never had issue cashing out on that, Was a blind investment following my older brother but i just don't get how the dilution of penny stocks works, When is it going to to possible to cash out gain or lose?
Thanks people.