Definitions of penny stock on the Web:
A stock which sells for less than one dollar per share (or in some cases, less than five dollars per share).
Shares, which trade for, low prices per share. They may be shares of a very good company, however, they are usually not. They are attractive to private investors who do not have enough capital to purchase more expensive shares.
highly speculative stocks that generally sell for under $2
A stock which sells for less than a dollar, and is considered to be speculative.
An inexpensive stock, also known as micro-cap stock. This term usually refers to stocks costing less than $1 per share, but it may also refer to stocks under $5.00 too. ...
Is characterized by stocks that are less than one dollar per share, often they have a small market capitalization and a short history of operation.
a stock selling for less that $1/share
Penny stocks are common stocks that trade for less than $5 a share.