Some just like to hear themselves talk. He is mistaken for sure calling me WRONG when investopedia doesn't think so lmfao.
Investopedia Says
Investopedia explains Penny Stock
The term itself is a misnomer because there is no generally accepted definition of a penny stock. Some consider it to be any stock that trades for pennies or those that trade for under $5, while others consider any stock trading off of the major market exchanges as a penny stock. However, confusion can occur as there are some very large companies, based on market capitalization, that trade below $5 per share, while there are many very small companies that trade for $5 or more.
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