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What is a pennysheet?

Updated: 4/26/2024

Wiki User

∙ 10y ago

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A pennysheet was a piece of paper equivalent to a penny.

Wiki User

∙ 10y ago

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∙ 6d ago

A pennysheet is a term used to describe a stock that trades for less than $1 per share. These stocks are typically found on over-the-counter markets or on pink sheets, which are networks of dealers who buy and sell stocks that do not meet the requirements to be listed on a major exchange. Trading penny stocks can be highly speculative and risky due to their low price and volatility.

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