A List of Penny Stocks
Check out this stock trading robot to learn how you can make profitable trades in the penny market.
A list of penny stocks should first mention that this market is infamous for fraud. You have to watch what you are doing in this market and monitor your trades daily.
One place I like to go for information is www.investorshub.com. However, see my comments about chat rooms below before proceeding.
Over The Counter Bulletin Board stocks (OTCBB) and the Pink Sheets are the two types of penny stocks you will encounter.
The main difference between the two is that OTCBB stocks are required to file with the SEC and the pink sheet stocks are not. Some traders refuse to trade pink sheets because of this, those traders are missing out on some great opportunities. Even Warren Buffet has been known to look for undervalued companies in these markets.
Beware, trading in the OTCBB and Pink Sheets is not for everyone. Often the stocks are illiquid and have a large spread between bid and ask. There are also a lot of companies that are completely worthless and will try and masquerade as great companies while diluting their shares. Another worry about these stocks is the fraud involved or “pump and dump” schemes where traders or company insiders have their stock “talked up” on bulletin boards or in chat rooms.
A list of penny stocks.
