Penny Stock Quiz by Jai Catalano | May 24, 2017 | Millionaire Challenge | 0 comments What do You know about Penny Stocks?Test yourself to see what you know.Click the next button to advance to the questions.Question #1: What is a Penny Stock? A stock that costs 1 penny. A blue chip stock. A red chip stock A stock that typically trades outside of the major market exchanges at a relatively low price and has a small market capitalization. Question #2: Can a Penny Stock Trade for Less than 1 Penny? Yes. No Only if the SEC says it can. All of the above. Question #3: Most Penny Stocks Trade on What Exchange? Money Exchange NYSE OTC Bulletin Board (OTCBB) and pink sheets. NasdaqQuestion #4: A Penny Stock is A Stock That Trades Below What Price? Below $5 Below $1 Below $3 Below $1.01Question #5: The Downside Risk of a Penny Stock Can be? Much smaller than on blue-chip stocks. Just as risky as blue-chip stocks. Both 1 & 2. None of the above. Question #6: Can You Short Sell Penny Stocks? Absolutely. No. After getting approval from the SEC. Yes but only with the right broker. Question #7: Who Might be Accused of Manipulating Penny Stocks? Penny stock promoters. Stock market chatrooms. Market makers All of the above.Question #8: Penny Stock Promoters Are Sometimes Known as? Saints. Stock market gurus. Penny stock peddlers. Pump & dumpers.Question #9: Which Successful Company Use to Trade Under $1? Monster Beverage Corporation MNST Facebook FB Alphabet Inc. (formerly known as Google) GOOG Chevron CVXQuestion #10: Who Played Jordan Belfort in the Wolf of Wall Street? Jordan Belfort Jonah Hill Leonardo DiCaprio Matthew McConaugheyCongratulations on passing the penny stock quiz. Don't forget 90% of traders lose money. Trade smart!YOU LOSE! If you can't pass this penny stock quiz you will most likely join the 90% of traders who lose money. next Important ResourcesRead my frequently asked questions or if you need personal 1 on 1 guidance from me on how to fully prepare as well as protect yourself from the misrepresentation please click here. Every month I update this post here for my personal "Millionaire Challenge". I suggest you read the entire post and when you reach the bottom you can see my updated progress.I highly recommend the Simple Path to Wealth book to grow Your wealth simply and steadily. It will educate you beyond your financial imagination. This is my review of the book. If you are new to stock trading test your knowledge here with a basic stock market quiz. There are a lot of secrets in trading stocks and I reveal 20 of them in this popular post. If you are confused about short selling stocks then read this simple explanation that will clear it all up.This free stock research tool will give you all the necessary information on any stock you type into the search bar.Do your best to avoid day trading distractions. Especially the 10 I list here. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Google+ (Opens in new window)RelatedLeave a Reply Cancel replyName*Email*WebsiteComment* Notify me of follow-up comments by email. Notify me of new posts by email.