Billions are stashed away in penny jars or piggy banks, many are lost - some are even thrown away.
The practices of hedge funds that specialize in penny stock PIPE financings have recently come under renewed scrutiny by regulators and law enforcement agencies.
It can also seek to bar a defendants from working as an officer or director of a public company or engaging in penny stock transactions.
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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.
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.
Sitting in penny loafers and a gray suit in the Bowery Mission's dank dining hall, with its crumbling linoleum and dim fluorescent lights, Morgan looks a little out of place.
But profits of 12 cents a share came in a penny below Street estimates.
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He arrived in a city nearby without a penny in his pockets and slept on the streets.
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Nonetheless, in a penny-wise, pound-foolish manner, we have been prematurely reverting facilities and resources years before the treaty requires.
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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.
The U.S. Securities and Exchange Commission has promised trading halts, lawsuits and other probes in its efforts to curb manipulation in the penny stock market--and halt a tsunami of e-mails touting these questionable securities.
She recommends I think about self-defense classes as a healthier way to feel in control of my environment than pinching every penny in anticipation of rainy days not seen since Noah and his ark.
His remarks sent the Kiwi tumbling nearly a penny in Asian trade on Wednesday.
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In 2007, he was sentenced to five years probation after pushing penny stocks in 2004.
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Yes, that means people can give away that much now without paying a penny in taxes.
Another is to have more bison, whose meat can bring in a pretty penny.
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In 1864 William Penny Brookes brought the Shropshire Olympian Festival to Shrewsbury from its Much Wenlock home.
They run much less risk if they can get just one penny in front of a BBO.
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The man behind Profit.ly is Timothy Sykes, a brash trader who specializes in shorting overhyped penny stocks.
His remarks sent the Kiwi tumbling nearly a penny in Asian trading Wednesday.
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That was enough to cause Allied to miss Wall Street's earnings expectations by a penny in the third quarter last year.
Moose sightings are two-a-penny in the Alaskan interior, an Anchorage resident later told me as I studied the lunch menu in the dining car.
His grandfather was Antoine Richardson, who helped mentor Penny in his youth.
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Everyone knows that the Liberal Democrats, Britain's third party, want to raise an extra penny in the pound on income tax to spend on education.
Each relevant and perfected detail was another penny in our bank.
Some old company veteran will remember where that switch was buried, or will yank out the offending chip and wedge a copper penny in its place.
He came here as an immigrant without a penny in his pocket, and through hard work and tenacity, he has a chance to be in the next U.S. Senate.
One of the savviest government securities dealers on Wall Street admits he knew better but, on a friend's tip, invested in a bogus penny stock traded on the Vancouver Stock Exchange.
Her next film, The Tourist, is another action thriller this time costarring Johnny Depp which means it cost the producers (Graham King and Spyglass Entertainment) a pretty penny in star salaries.
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