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Penny Stock Funds

penny stock funds
Is there a USA penny stock mutual fund?

Do you know the symbol?

Penny stocks are not considered investment grade for any investor, especially mutual funds.
Penny stocks do not trade in a regulated market, therefore they can not be purchased and or sold in any volume especially in the volumes used by mutual funds.

It would be impossible for any investment organization to justify carrying penny stocks in their portfolio, therefore mutual funds do not purchase such securities.

Most penny stocks do not file required financial statements in a timely manner which does not provide justification for mutul funds to hold in their portfolio

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  1. April 17th, 2011 at 16:16 | #1

    5oxbSG In awe of that answer! Raelly cool!

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