What are penny stocks?

There are different types of penny stocks that trader talk about. Some considered penny stocks as any stocks that are currently trading below $5, some consider anything $2 as penny stocks. These stocks are trading on NYSE, NASDAQ or AMEX. However, there is one more kind of penny stocks that traders talk about. They are called the Over The Counter penny stocks. These stocks are not listed under NYSE, NASDAQ or AMEX. The over the counter market, also known as OTCBB (Over The Counter Market Bulletin Board) which is a regulated quotation service.

At buyhotpennystocks.org, you will find both OTCBB penny stocks and the penny stocks that are trading on NASDAQ or NYSE. However, OTCBB data is end of day data where as the other kind is updated every 15 minutes during intraday trading. We list all penny stocks on our site and you have the ability to find penny stocks that are currently making moves, or about to make moves.

This entry was posted on Friday, April 29th, 2011 at 10:07 am and is filed under Penny Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.