InvestorWords.com - Online Investing Glossary. A stock which sells for less than one dollar per share (or in some cases, less than five dollars per share). Most penny stocks have only a few million dollars in net tangible assets and have a short operating history. Penny stocks are almost always small cap stocks, but the reverse isn't necessarily true. â Henry quit his job as a supermarket cashier after he made an obscene amount of money betting on penny stocks.
An incredibly versatile natural material, cork is harvested from living cork oak trees somewhat like wool is gathered from sheep. The trees are unharmed by the process, and they continue producing cork for an average of 150 years. Background
Save. Image by Flickr.com, courtesy of Thomas. Cork is a familiar material, but it is sometimes assumed wrongly to be the product of a great deal of factory processing. Instead, cork literally grows on trees and is a forestry product, and making corks for wine bottles involves only a few simple steps.ork Trees. The raw material for corks is the bark of the cork oak, an evergreen tree present in southwest Europe and northwest Africa. Cork bark contains a high proportion of suberin, a waxy substance that repels water.