These are the stocks that trade at less than 1 rupee. Most small invetors fall prey to such investments. The stock price has a reason to it. Either very bad financials, management or future prospects. Something really bad in the past has happened that has taken the stock price southward. Try to avoid such stocks unless you fully understand what you are buying. It may end up like buying garbage (would you ever buy garbage?)
But these are the 'Very High Risk Very High Reward' Stocks. It is like buying a lottery ticket with very low probability of a win. Another problem is that these stocks have very very low volumes most of the time that makes the price manipulation that much easier.
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