What Are Penny Stocks? Investors of all types are
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Posted On: 10/26/2012 8:28:24 AM
What Are Penny Stocks?
Investors of all types are turning to small-cap stocks due to their effectiveness and potential. Penny stocks are generally defined by three rules. Though, there is more than one opinion as to what defines a stock as a penny stock or micro-cap company. We like these three…
- Trade under $5.00/share.
- Total market capitalization is under $50 million.
- Most Penny Stocks are traded on the OTC (OTC Markets) and Pinksheets Markets.
(We do now and then cover Small-Cap stocks on the Nasdaq, NYSE, and Amex exchanges.)
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