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Additional Details im trying to figure out how to calculate the Earnings Per Share (EPS) for Flextronics Internationl, Ltd. as part of my project for my Accounting class. The supposed ...
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Right now I'm doing electrical engineering with the plan of using the high salary of an engineer to help me invest. Would it be smarter for me to just switch to business since I really hate ...
A penny is one cent, or one percent of a dollar. If you are talking about the stock market, a "penny stock" is a stock of low value, usually less than a dollar.
Investing in Penny Stocks is risky because these stocks have a lot of uncertainty to them. If a stocks was known by the market to be good, that stock would be worth more than pennies.
If you think investing in penny stocks is less risky than usual because they cost only pennies, you are right as long as you don't invest much. If you plan on investing in penny stocks a lot to profit from all the upside potential, be careful, you could also loose a lot, potentially all.
If you invest in penny stock, always remember that they are more risky because their low value means the stock is very risky, and does not have much actual income and profit. That is why the market has priced the stock so low.
crazydave
A penny is one cent, one one-hundreth of a dollar.
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