The term "Penny Picks" describes a category of financial information services focused on penny stocks—securities of small companies that trade for less than five dollars per share. These services, typically delivered through newsletters, websites, or social media, aim to identify stocks with high potential for rapid growth. They are marketed to retail investors willing to take on significant risk for the possibility of substantial returns. The history of such services is long and varied, ranging from legitimate analysis of micro-cap companies to fraudulent "pump and dump" schemes. Their business model is usually based on subscription fees for access to exclusive stock recommendations and analysis.

Founded in

United States