Newark Star Ledger
Penny-Stock Serenade Can Fast Become The Blues

…Whatever the reason, tread carefully in the penny stock game if you are on the outside looking in. Penny stocks are easily manipulated. They are thinly traded -meaning there isn't a lot of volume - and they are not followed by Wall Street analysts. They are often under the radar of regulators because they trade for less than a buck. That's why it is important for investors who aren't in the know to be careful when evaluating them. "You've got to realize you can be scammed like anybody else," said Randy Woolridge, a professor of finance at Penn State's Smeal College of Business. "In that market, people don't need a lot of capital to move those stocks." For information on how to receive the full story, contact Steve Infanti in the Smeal College Media Relations' Office at smi3@psu.edu .

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REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu .

Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.

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