Hi……..Penny stocks also known as “Cent stocks” in some countries, are common shares of small public companies that TRADE at low prices per share in the United states, the SEC defines a penny stocks as a security that trades below $5 per share, is not listed on a national exchange, and fails to meet other specific criteria.
Recently i heard about on XR-Energy in penny stocks...Day- by- Day it is increasing share values….Is it Right????Or Wrong??Give me your opinions on it??????????