Penny stocks are commons stocks that trade for less than $5 a share and is traded outside the major exchanges. You can go to www.pennystock.com and check it out.
Many penny stocks are traded on NASDAQ and the OTCBB. I'd stay away from pinks, but that's your call.
According to the SEC, penny stocks are speculative stocks of small companies trading under $5 (estimation). One way to think of it is to look at microcaps since many penny stocks on those two exchanges are microcaps too. (microcaps have under $250m in market cap).
Source: penny stocks blueprint (free PDF) which is from http://www.pennystockscapitalist.com.
by Whitney3 months ago
investing in penny stocks
by MomsTreasureChest5 years ago
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by Whitney6 years ago
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by Kara Skinner2 years ago
Are penny stocks smart?Because penny stocks are so cheap, I am wondering if it's a good idea to make a few investments now-- less than a couple of dollars-- or if I should save for a more conservative investment.
by thecollecktor6 years ago
It is my intent to discover the formula for investing in penny stocks that goes beyond the hype currently being used. What criteria do you use?
by keepitnatural7 years ago
Anyone know if there is anything in penny stocks & if so what to do? I keep getting emails...about it which I don't trust but wondered if it's worth looking into at all?
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