What baseball team did george bush own?

January: President George H.W. Bush leaves the White House, defeated by Bill Clinton. September: George W. Bush announces his intention to run for governor of Texas in 1994, making the decision after expressing some interest in the baseball commissioner's job that has been vacated by Fay Vincent. read more

TCBB and especially the Pink Sheets have much more lax requirements so there is much less certainty in the viability of the company. The second reason is lower priced stocks can have much larger percentage price swings. For example, if you own shares of a stock at .05 and the stock drops to .03, it has just dropped 40% in value. read more