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Cheap Stock
(redirected from Cheap Stocks)

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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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