College Savings Quizzes-A "penny stock":

Answer to Quiz

A "penny stock":

Answer: (c), sells for less than $1 per share
Generally, a "penny stock" refers to a stock traded over-the-counter at less than $1 a share.

Next Quiz:

A "hold recommendation" is:

(a) A recommendation by the SEC to hold stock for the long term
(b) An IRS recommendation to sell stock to pay taxes
(c) A stock analyst recommendation to hold onto a stock owned but should not be further purchased
(d) A recommendation to sell a security

Word of the Day

Wholly Owned Subsidiary

A "wholly owned subsidiary" is a company whose stock is owned 100% by a parent...

Wholly Owned Subsidiary

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