In 2007, he was sentenced to five years probation after pushing penny stocks in 2004.
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Some are deadly, like the near penny stocks in China that are hedge fund plays.
Click here for the best fundamentally sound penny stocks in Forbes Low-Priced Stock Report.
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Takeover offers do wonders for share prices, even for companies that spent significant time as penny stocks.
The Bulletin Board was launched in June 1990 after Congress passed a law to clean up penny stocks.
The man behind Profit.ly is Timothy Sykes, a brash trader who specializes in shorting overhyped penny stocks.
For the SEC, going after the penny stocks trading on the Over-The Counter market is like shooting fish in a barrel.
Of course you must keep away from the market badlands of speculative penny stocks, as well as heavily promoted stocks like Facebook.
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Chu has influence on penny stocks in Hong Kong and is a close friend of Angela Leong, wife number four of Macau casino king Stanley Ho.
Chu has influence among penny stocks in Hong Kong and is a close friend of Angela Leong, wife number four of Casino King Stanley Ho.
Over the last few years, hedge funds have made billions of dollars of investments in penny stocks using PIPE structures, often causing the underlying stocks to plummet.
Under U.S. securities law, PaineWebber may have to explain why it allowed a broker to place more than half of a retirement-age client's fortune in Canadian penny stocks.
Why continue hustling for commissions selling penny stocks when for the price of having a lawyer draft a believable private placement memorandum, you can call yourself a hedge fund manager?
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For many years, Yorkville Advisors was one of the biggest hedge fund firms specializing in making private investments in public equities, mostly in penny stocks, and consistently posted positive returns.
In 2000, White led the prosecution of more than 100 people including members of all five New York Mafia families accused of strong-arming brokers and manipulating prices of penny stocks.
Generally, I prefer a primarily bottom-up approach with a healthy amount of deference to the top-down, regardless of market cap, and I think such a combination works especially well for penny stocks.
The efforts of hedge funds like NIR Group and Laurus Capital Management to turbocharge their returns by focusing on penny stocks and PIPEs have been the subject of several articles in Forbes over the last three years.
It has accepted fees from companies with over-the-counter penny stocks, made alliances that have gone nowhere or made little financial sense and engaged with businesses and individuals who have come under scrutiny by regulatory and law enforcement officials.
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Now the country's research analysts have a platform from which to flog penny mining stocks and moose pastures.
Born in Chicago, he bought into penny mining stocks and pitched them on the Vancouver Stock Exchange--until prospectors of his Diamond Fields Resources looking for diamonds in Voisey's Bay, Newfoundland happened upon a vast nickel deposit.
Italy recently gave up on its solar incentives, sending these stocks to penny status earlier this year.
This admittedly reflects the large number of penny-packet holdings of privatisation and demutualisation stocks.
Anyone who trades stocks and other financial instruments could learn to live with a levy of even a penny a share.
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