Stock Markets Exposed

What happens to my shares when a penny stock (under $5) increases over $5?

Will I lose my shares? I've invested in a penny stock when it was .95. It's been slowly rising the last year and is now at $2. Does anything happen to a stock once it leaves penny stocks to join the big boys?

Public Comments

1. Generally it gets listed by an exchange which changes it's symbol. Abcd.ob to abcd for example. The most common rule is "stocks trading under $5 are there for a reason and tend to stay there". However I hope you break the trend. If your stock goes up over 500% you get to cash in on being right. Good luck or maybe I should say good investing.
2. Nothing changes. Penny stock is just a phrase that means very small price per share.
3. If you're long in the stock, you make money. If you're short, then you better rethink your investment strategy. Sounds like you got the good end, tho.
4. Congratulations! You found a Winner! Caution: careful not to marry it.
5. Penny stocks cannot rise to $5.00
6. Nothing BAD happens. It finally becomes legitimate, and you might find legitimate investors buying in. But that's only true if it's a legitimate company. Most penny stocks are garbage, and if you've got a profit, i'd say take your money and run! Sell it now. Or perhaps, if you want to be safe, sell HALF of it now. That way, you can be at ease about all the profits you eventually make, and have no real downside risk, because you already got all your original investment back. Not a bad plan, huh?
7. As the stock rises, you make money.. So keep your eyes open and if you see it drop, pull out. But see if news state good stuff and hold until it cause it might rise some more...Congrats.