What are penny shares? Are they the same thing as penny stocks?
Penny shares and penny stocks are the same thing. Penny stocks/shares are highly speculative and have a market capitalization of around 500 million dollars. These stocks are bought and sold Over The Counter and the trading is regulated by the SEC rules and guidelines on penny stocks. U.S Securities and Exchange Commission have drawn up some regulations for investment funds and dealing in these shares and a novice should keep these conventions in mind before buying or dealing them.
