Was Google ever a penny stock?

This is a very common question. Not sure why that is the case.

But, google has never been a penny stock. In fact google's stock price has never even been below $100 a share. Very few companies that start out as penny stocks ever make it to one of the big boards. In today's environment the number of penny stocks that will succeed is even smaller because small start up companies rely much more heavily on credit, and in today's economy, credit is difficult to come by. As in any lucrative venture, many will fail and only a few will succeed. This is why when I pick my stocks, I can spend an entire week thumbing through thousands of stocks and only find a handful of winners.