Penny Shares Prices

penny shares prices
When a stock goes extremely low, is that a sign the co. is going out of business?

I own stock in a company whose share price has gone extremely low (much less than a penny). Just wondering what this could mean. At one point, it was like $3 per share. Thanks for any insight.
If possible, please give reasons why yes or no and a source to back up your answer. Thanks!

The company may have had a bad trading year with big losses and there might well have been a rush to sell the shares creating the low price quote. Best check the company reports and see the real problem there could be several.

Penny Stocks Egghead For Investing In Penny Stock


Be Sociable, Share!

This entry was posted in Uncategorized and tagged . Bookmark the permalink.