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
Overview. Wine bottle corks traditionally come from the bark of the cork oak tree. The bark of this Mediterranean oak is thick and spongy. Every 10 to 12 years, part of the bark is stripped off in commercial harvests. The cork grows over the next 10 to 12 years making this a sustainable natural product. The scientific name of the cork oak tree is Quercus suber. It is a slow growing tree with an 150- to 250-year life span.