Penny stocks are regular shares of little open organizations that exchange at low costs per share. In the United States, the U.S. Securities and Exchange Commission (SEC) characterizes a penny stock as a security that exchanges underneath $5-per-share, is not recorded on a national trade, and neglects to meet other particular criteria.In the United Kingdom, stocks estimated under £1 are called penny offers.
Many penny stocks, especially those that exchange for divisions of a penny, are daintily exchanged. They can turn into the objective of stock promoters and controllers. These controllers first buy huge amounts of stock, then misleadingly blow up the share cost through false and deceiving positive explanations. This is alluded to as a "pump and dump" plot. The pump and dump is a type of microcap stock extortion.
Top penny stock for investment:
Gold Standard Ventures Corp. $2.61
MobileIron Inc. $4.80
Zosano Pharma Corp. $2.65
Pulmatrix Inc. $4.10