Definitions for "PENNY STOCKS"
Low-priced issues that often are highly speculative, selling at less than $1 a share.
over-the-counter stocks that trade for (usually) less than $3/share. Quotes are entered by dealers who act as market makers and are printed on "Pink Sheets" (hence the name) by the National Quotation Bureau.
Stocks that trade for less than $1 per share.
Keywords:  pension, fund
Pension Fund