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.
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The trades are likely to shift to trades in cheap stocks, 50-100 fils, due to the continuing absence of positive stimulators.
I do not regard us as being in bubble territory, but I don't find cheap stocks to buy either,'' he said.
Greenblatt tried to merge Ben Graham's preference for cheap stocks and Warren Buffett's preference for high-quality companies.
They would rather prefer to buy cheap stocks available in the market after recent correction," said Osama Al Ashri, from the Society of Technical Analysts.
There are not many cheap stocks within the sector any more.
Joseph Anderson Jnr, Head of Principle Investments at Harver Group, said, “the decline of the Japanese Yen to its 3 year low against its global peer currencies will give rise to instability concerns in the minds of many investors, but we believe the Yen is massively undervalued, meaning those cheap stocks on the NIKKEI are cheaper still for foreign investors, and therefore Harver Group clients are being advised to capitalise on the trend at this time.
Media reports have described how Yeung made his fortune on cheap stocks, then increased his earnings by co-founding Greek Mythology, a casino in Asian gambling haven Macau, in 2004.
Such cheap stocks are the perfect match for investors seeking credible investments which do not require a million dollar outlay to enjoy substantial rewards.
Japan's benchmark Nikkei on Thursday rose 1 percent prompting talk that pension funds were picking up cheap stocks.
New historic low interest rates, cheap stocks and President-elect Barack Obama's federal stimulus package will lead to new investments for the future and recovery in the housing market.
But the conclusion is that it is not yet time to be picking up what look like cheap stocks in the sector as there remains considerable forecast risk.
After a dramatic early 4% fall for London's leading shares following yesterday's slump, the Footsie moved back into positive territory as bargain-hunters looked to snap up cheap stocks.