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A List Of Penny Stocks

Everybody wants to trade penny stocks. The reason for that is that they have the reputation of having big percentage gains (or losses) in any given day. You can make (or lose) a load boat load of money real quick.
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A list of penny stocks can be found almost anywhere on the internet. Why not, these companies need to raise capital so they can expand their business or even to buy the needed equipment so their company can grow one day be one of the big dogs. There are so many penny stocks out there that are traded everyday, but where are they list? On which board do they trade?
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Most of these stocks are traded on the secondary boards, OTCBB (over the counter bulletin board), Pink Sheets and a few others.
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The main reason that they are so popular is because they are cheap enough where the average person can afford them. How cheap? Well, a stock is considered a penny stock when it’s price per share is less than $5. Many of them are actually less than $1 (they really are penny stocks).
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Just because they are that cheap doesn’t mean that you’ll make a ton of money. Some of these stocks will sit at those levels for months and in a few cases, years. Many amateur traders or newcomers feel that these stocks are on their way up and also feel they can’t get any cheaper. That can’t be further from the truth. If you look around on some of these lists of penny stocks, you will see some even trade in what is referred to as sub-penny. Stay away from these types of stocks. Only one out of thousand will ever get out of this range.

If you want a list of penny stocks, go to Yahoo Finance and type in pink sheet or OTCBB, you will get a list of stocks that you can pick through. Be careful and do your due diligence on the company before investing.
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P.S. Want to learn more about the stock market? take a free two week trail with Jim Cramer from TheStreet.com

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One Response to “A List Of Penny Stocks”

  1. Marius says:

    Would you be interested on exchanging links?

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