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Tip of the Day

Tip of the Day Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid...

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Penny Stock Reform Act of 1990


Penny Stock Reform Act of 1990 - In 1990, United States Congress brought into effect this act which was designed to force brokers and penny stock dealers to gather and keep information about any person who wanted to purchase penny stocks. This information was then utilized to determine the possibility of fraud, and allowed the Securities and Exchange Commission, known as the SEC, to be able to determine whether the purchaser was attempting to manipulate the price of penny stocks or otherwise alter the appearance of the value of the stock. This was primarily to protect beginning investors from abuse by unethical experienced dealers and brokers.

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Daily Definition

Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

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