Penny stocks are certainly for trading. When we couple the volatility of gold and silver with penny stocks there is no argument that this is a trading arena. Penny stocks are listed the Pink Sheet, do not have the minimum criteria for capitalization and the number of shares required to be listed on NASDAQ (Established in 1971, National Association of Securities Dealers) and OTC (Over-the-counter bulletin board - Stocks that are traded via a dealer network, which refers to broker-dealers negotiate directly with one another over computer networks or by phone, regarding the purchase and sale of these stocks, contrary to a centralized exchange).
Web sites that provide resourceful information regarding penny stocks is PinkSheetstock.com and other listed sites found on Internet search engines. Penny stocks are definitely risks that are better suited for the investor that likes to go skydiving, skinny-dipping, and bungee jumping. Of course even a few more conservative investors will find some attraction in the low risk promise of hefty payouts that the right penny stock can offer.
Wednesday, 2 April 2008
Subscribe to:
Posts (Atom)
