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Cheap Stock |
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Cheap Stock The practice of issuing stock in a company at too low a price immediately before an IPO. Generally, the cheap stock is offered at only a small fraction of the company's expected share price after the IPO. An underwriter may offer cheap stock in order to attract investors who might make a quick profit from the company or to potential managers in the company. Offering cheap stock is illegal. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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