Best Penny Stock Picks For 2012 : Penny Stocks As High Risk Investments - Penny Stocks As High Risk Investments
Normally, penny stocks are stocks that hold a face value of $5 or considerably less than that. These low-priced stocks are traded on the Over-The-Counter-Bulletin-Board (OTCBB) and the Pink Sheets simply given that neither the OTCBB nor the Pink Sheets demand the same minimum demandments as the NASDAQ or the New York Stock Exchange (NYSE), set by the Securities and Exchange Commission. Penny Stocks are issued, by companyes that are new or close to bankruptcy, as a quick and straightforward way for these businesses to create quick capital and try to save the business from Getting to file bankruptcy in a court.
All the afore said factors like low price, lack of stability and lack of standards make penny stocks most likely the most risky investments for anyone who is interested in playing ... [Read More - Best Penny Stock Picks For 2012]
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[+] Alleged kingpin of U.S. penny stock fraud arrested in Thailand : By Bernard Vaughan NEW YORK (Reuters) - Authorities in Thailand have arrested a Canadian man accutilized of masterminding a $140 million plan to defraud investors in U.S. penny stocks, as well as An additional man who allegedly ran the scheme, federal prosecutors in New York said on Tuesday. The move follows arrests last week of six individuals within the United States and one in Canada allegedly involved in one ...Tue, 20 Aug 2013 12:29:49 -0700
[+] FBI arrests seven in international penny stock fraud : By Bernard Vaughan NEW YORK (Reuters) - Seven those that ran a significantly more than $140 million scheme that preyed on investors in 35 countries by fraudulently inflating the price of penny stocks have been arrested, ...Tue, 13 Aug 2013 15:43:17 -0700
[+] 9 Charged in $140 Million Penny Stock Fraud : The Defendants Allegedly Generated Over $140 Million.Tue, 13 Aug 2013 11:56:11 -0700
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