Penny stocks or as some people call them cent stocks are shares of smaller public companies that trade for under $5.00 a share in the United States. Basically penny stocks are a cheap way to get into trading. For a small fee you can acquire a massive amount of shares in penny stocks. Penny stocks are well known for their ability to jump or decline in price with little volume. That makes them what investors call “volatile” and can be pretty scary to jump right into. With the right help and research there is a good amount of money to be made off penny stocks, you just have to know where to look. This is just a basic recap of what penny stocks are, for a full description as well as all of the pros and cons check out what are penny stocks.