House stock
Published April 20th, 2008 in Uncategorized
The term house stock usually refers to a stock that the management of a brokerage firm has
instructed all brokers working for him to promote. The brokerage firm or its owners might
be receiving an undisclosed profit from the sale of the house stock.
Generally, if you could look at the stock holdings of
all the clients of a boiler room brokerage, almost all clients
would hold the set of house stocks.
A house stock differs from a penny stock in that its price can
be in the normal price range of a large cap stock.
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