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
Wine corks can be made of either a single piece of cork, or composed of particles, as in champagne corks; corks made of granular particles are called agglomerated corks. Natural cork closures are used for about 80% of the 20 billion bottles of wine produced each year. After a decline in use as wine-stoppers due to the increase in the use of synthetic alternatives, cork wine-stoppers are making a comeback and currently represent approximately 60% of wine-stoppers today.