What Is a Penny Stock?
- A penny stock refers to a small company's stock that typically trades for less than $5 per share.
- Although some penny stocks trade on large exchanges such as the NYSE, most penny stocks trade over the counter through the OTC Bulletin Board (OTCBB).
- While there can be sizable gains in trading penny stocks, there are also equal risks of losing a significant amount of an investment in a short period. See below chart - NASDAQ: CYN.
Selection: NASDAQ Penny Stocks
Start Date: Thu 2 Jan 2025
Speed Sheet: Selection - NASDAQ Penny Stocks
Note: XTIA - buy 2 Jan 25 - currently, 6 Jan 25
125% profit per share - but, ... could be equally delisted with 100% loss of individual stock investment. (High Risk - fun - investment)
Liquidity - Volume: 6 Jam 2025 - source; Yahoo Finance
CYN: 9,945,330
FFIE: 40,185,252
TNXP: 82,896,974
MRNS: 3,968,218
XTIA: 1,321,613,032
VINC: 4,969,673
EYEN: 43,048,398
CRKN: 46,656,868
CDT: 13,664,834
HOLO: 33,205,860
LICN: 13,910,342
CERO: 97,620,786
TSDD: 19,110,798
Comparison Volume: 6 Jan 2025
AAPL (Apple, Inc): 41,695,027
TSLA (Tesla, Inc): 84,482,192
Typical Chart - NASDAQ: CYN - All History
Cyngn Inc. (NASDAQ: CYN) held its initial public offering (IPO) on October 20, 2021, pricing shares at $7.50 each.
As of January 6, 2025, the stock is trading at approximately $0.75 per share, representing a decline of about 90% from the IPO price.
This significant decrease indicates that the IPO has not met investor expectations, and the stock's performance could be considered disappointing.
It's important to note that stock prices can be volatile and influenced by numerous external factors.
For a comprehensive assessment, one should consider the company's overall financial performance, industry trends, and future
possible prospects.
In this case a possible performance prospect of - Base Intrinsic Value - see below image
(( 34.4164 / 0.7155) - 1) * 100 = 4,710.12 %.
OR
((34.4164 / 0.7155) /100) - 100 = 4,710.12 %
OR
((34.4164 - 0.7155) / 0.7155) * 100 = 4,710.12 % (all roads lead to Rome 😊 or the other place 🥵 - but with UNLEVERED stocks you can stay 😎)
OR
Online Calculator:
https://www.calculatorsoup.com/calculators/algebra/percentage-increase-calculator.php)
OR
Delisting ! and loss of total stock investment.
Wise only as fun sidekick investment, according to risk affordability.