what was one of the most successful penny stock offerings 
true religion jeans traded under a dollar per share in the early to mid 2000s and in 2013 the company was acquired by towerbrook capital partners for 32 per share netting investors a 5 000 increase 12the bottom linefor many years people used the term pink market to refer to any over the counter otc security meaning any investment not listed and tradable on a major u s stock exchange now there is more transparency about otc investments otc markets group offers a range of different markets for trading otc securities each of them has varying levels of financial standards and regulatory oversight the pink market is the one with the fewest requirements making it fairly easy for companies to get into and risky for investors that said there are legitimate companies in this market including some of the world s biggest moreover disclosure requirements are becoming more stringent which has helped to boost transparency and weed out some of the shadier companies 