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In the United States, a penny stock is a common stock that trades
for less than five dollars a share and is traded over the counter
(OTC) through quotation services such as the OTC Bulletin Board or
the Pink Sheets. Although penny stocks are said to be "thinly
traded," share volumes traded daily can be in the hundreds of
millions for a sub-penny stock. In our experience, many of these
penny stocks trade under $1 per share and some could be as low as
3/10's of a penny or .0001. Imagine the potential effect of news,
momentum, favorable results could do to these penny stocks. Once our
scanner gets triggered, we look deeply for the catalysts. And this
is how the people who subscribe to our free newsletter have a great
opportunity to profit. They are buying right before the story
catches on and the momentum takes over which sends these penny
stocks into a buying frenzy. Who doesn't like 50 or 100 or perhaps
500% moves on a stock. If you are like us, and want our scans to
work hard for you, then subscribe for absolutely free right now!
Secondly, unlike NASDAQ or the NYSE, there are only minimal
requirements for a stock to be quoted on the OTCBB, namely that they
make their filings with the SEC on time. In fact, companies that
fail to meet minimum standards on one of the broader exchanges and
are delisted often relist on the OTCBB or the Pink Sheets.
The Penny Stock Ville Difference. We chew through all of the fat and
unnecessary information and send you incredible alerts that may have
the potential for explosive gains.
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When you are reading about penny stocks you will probably come across the phrase OTC penny stocks. But what are they and how do they affect you if you are thinking of buying some of these shares?...
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