November 25, 2016 - By Marguerite Chambers
Interested investors have been looking for information on shares of EDUCATION MANAGEMENT CORPORATION (OTCMKTS:EDMC) after the stock moved $0.0012, hitting the $0.0106 price point in a recent trade.
It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, EDUCATION MANAGEMENT CORPORATION’s stock was -60.00%. According to the short interest report published recently, (EDMC) had 113,000 shorted shares for 1.3 days to cover. The prior short interest was 111,100 for a $1.71 change. The 52-Week High and Low are noted here. -94.42% (High), 6.00%, (Low). The stock had 89,500 average volume.
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Penny stocks are often stated as risky investments that hardly pay off. Admittedly, there is fact to this, but with the right knowledge and tactics, it is possible to earn a significant amount of gain in penny stocks. Simply said, a penny stock is an equity that trades at a low price.
Irrespective of the name, penny stocks usually are priced over a penny, occupying a price range at or close to $1, though some are priced a fraction of a penny. Often referred to as micro-cap equities, the Securities & Exchange Commission classifies these types of securities as being $5 or less. Over-the-counter stocks are NOT listed on any of the formal exchanges.
So, penny stocks frequently fit in this segment, though many dodge this category. Over-the-counter (OTC) equities are stated to be risky as they aren’t contingent to the listing and reporting requirements of the reputed commodity exchanges.
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Penny shares can be listed on NASDAQ or other known stock exchanges, although many more cannot be found there. A major percentage of penny stocks are listed on the so-named ‘pink sheets’, i.e., daily news of OTC shares. They can even be seen on the ‘Over-the-Counter Bulletin Board.’ Commodities listed on the OTCBB fail to fulfill the listing guidelines of the NYSE or other known exchanges, although they are mandated to file financial statements with known regulators, such as the SEC. Penny shares are inexpensive, thus attractive to shareholders who lack the funds to buy comparatively expensive blue-chip stocks from large firms.
Penny stocks boast immense profit potential. Because these stocks trade cheap, even a slight jump in price turns to be profitable. Look out, however, because frequently shareholders may have trouble getting a decent amount of details about penny stocks. These kinds of shares tend to be latest in news, with almost no track record for investors research.
In addition, penny stocks show lack of market activity, with poor liquidity, making them difficult to sell. Poor liquidity results in penny stocks to be open to price influence.
A shady trader can simply buy large sums of shares, temporarily leading up the price, crafting artificial demand.
Disclaimer: Nothing mentioned in this publication is planned to constitute legal, securities, tax, or investment advice, nor a viewpoint regarding the relevance of any investment, nor any type of solicitation. The general information mentioned in this article should not be acted upon without getting specific tax, legal and investment advice from a certified professional.
More notable recent Education Management Corp (OTCMKTS:EDMC) news were published by: Wsj.com which released: “Education Management Corp. Seeks to Reverse Ruling Protecting Minority Bondholders” on May 12, 2016, also Wsj.com with their article: “Federal Judge Sides With Marblegate in Education Management Dispute” published on June 23, 2015, Bizjournals.com published: “EDMC to close 15 Art Institute locations” on May 06, 2015. More interesting news about Education Management Corp (OTCMKTS:EDMC) were released by: Prnewswire.com and their article: “Education Management Corporation Names Mark A. McEachen President and CEO” published on September 21, 2015 as well as Masslive.com‘s news article titled: “US Sen. Elizabeth Warren questions federal settlement with Education …” with publication date: December 01, 2015.
Education Management Corporation is a well-known provider of private post-secondary education in North America. The company has a market cap of $1.34 million. The Company’s educational institutions offer students the opportunity to earn undergraduate, graduate degrees and certain specialized non-degree diplomas in a range of disciplines, including business, culinary, design, education, fashion, health sciences, information technology, legal, media arts, and psychology and behavioral sciences. It currently has negative earnings. The Firm provides various academic courses for active duty service members, reservists, veterans, military spouses and families, among others.
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