Penny stocks, also known as micro-cap equities, refer to a share in a company that usually trades for less than $5.00. However there are other criteria that come into play with penny stocks that include: a price per share of less than $1.00, or even a fraction of a cent, as well as obscure markets, and a market cap of less than $50 million. It’s obvious to see that penny stock covers a wide variety in terms of...