What Is a Penny Stock?A penny stock typically refers to the stock of a small company that trades for less than $5 per share. Though some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most trade via over-the-counter (OTC) transactions through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned OTC Markets Group. There is no trading floor for OTC transactions. Quotations are also all done electronically.
A penny stock typically refers to a small company's stock that trades for less than $5 per share and trades via over-the-counter (OTC) transactions.
Penny stocks offer the best ability to multiply wealth when methodically studied and intelligently invested in. I am happy to present stocks here that I learn about from my sources with the hopes that others will do the same too. Success stories (and failures) are encouraged.
The key with this thread is that it shouldn't be used to push penny stocks available only on OTC markets. Penny stocks available on the major stock exchanges are what I feel will be valuable for group discussion.
You are responsible for doing your own research before you buy a stock. To not do so is blind gambling, which I think is against forum rules.
This article was also valuable: https://www.investopedia.com/investing/the-dirt-on-delisted-stocks/