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Penny stocks are traded on over-the-counter markets through the use of electronic quotation systems called "pink sheets." Penny stocks are higher risk inexpensive stocks that trade for less than $5.In addition to the high risk/high rewards factor, there is something else for traders to consider. Getting your hands on relevant information about the company's operation is one of the most important things traders can do. In the United States, both the SEC and FINRA have specific rules to define and regulate the sale of penny stocks.In the current market, penny stocks are gaining popularity and traders of all ages and skill levels are purchasing penny stocks. When trading prudently, one could make huge profits by trading fundamentally strong penny stocks.
- Bond Report: 10-year Treasury yield breaks above 2% ahead of Fed statement
- Economic Report: GDP report ‘pretty ugly’ but fleeting, economists say
- Swedish Riksbank to buy additional bonds for $4.7 billion-$5.9 billion
- The Wall Street Journal: Wal-Mart to open 115 stores, create 30,000 jobs in China
- Market Snapshot: U.S. stocks lurch higher after early jitters
Stocks to Watch
- American Green Signs Joint Venture Agreement for License and Management of Concentrate Facility in Colorado
- LKA GOLD INC /DE/ Files SEC form 8-K, Entry into a Material Definitive Agreement
- LKA Gold and Kinross Gold U.S.A Sign Exploration & Option Agreement
- American Green Launches New Online Store Featuring All American Green Products
- American Green Creates Colorado Subsidiary and Formalizes the Union With Herbal Elements for a Legal Cannabis Grow and Extraction Operation