How To Buy Penny Stocks
The SEC defines penny stocks as "low-priced, hopeful stocks of miniscule firms. While penny stocks often are quoted over the counter, for example on the OTCBB or in the Pink Sheets, they could also trade on stocks exchanges, including foreign stocks exchanges. Additionally, penny stocks include the instruments of certain private companies with no active trading market.".
Last fall, the SEC took the unprecedented action of banning short sales and looking for a short cover on fiscal sector stocks that taken a beating by the shorts. It's a lament that penny stock corporations have been bitching of for a while but went unnoticed. And now these established, down-on-their-luck finance companies have convinced the North American public that they're deserving of billions in taxpayer dollars because they're established firms and not conventional penny stocks as outlined by the SEC.
So what have we done for these behemoths? We've altered the dictionary definition of penny stocks to accommodate them. We've altered the level playing field by exempting them from short sellers. And now we're giving them tax dollars like some executive backed clinic while hard working entrepreneurs have to battle for their place in this shrinking economy.
You have heard about penny stocks, but the mere name of them scares you, simply because of its hopeful sound. Yet you know that many folk claim to have made laughable profits in the penny stock market. But before you make a decision to get involved in penny stock trading, you want to become educated in all the penny stock terminology, so that your definition of the best penny stocks matches that of those individuals that trade them as a living.
There are those that outline the best penny stocks vis their price per single share. The instruments and Exchanged Commission, or SEC, has established a minimum price for.
Stocks to trade on the larger exchanges ; normally it is $4 or $5 per share. So that the best penny stock definition, according to them, would be any stock which didn't meet the threshold $4 price to get it off the penny stock exchange.
Once a stock has been sent to the penny stock exchange, it will trade there until the company is in a position to re-qualify it for a bigger exchange, and this could not happen even if it is trading above $4 or $5, because other conditions need to be met. So many traders look at where a stock is trading as the best penny stock doggedness.
If you have decided never to hold a stock which gets over the $2 level as the best penny stocks to trade are under $2, then you should sell all of your stocks as soon as they hit $2 rather than hoping for another nickel or dime. Your best chance of being one of those who earn money in penny stocks, determining a way to decide on the best penny stocks, and sticking wh it, is your best hope. - 23196
Last fall, the SEC took the unprecedented action of banning short sales and looking for a short cover on fiscal sector stocks that taken a beating by the shorts. It's a lament that penny stock corporations have been bitching of for a while but went unnoticed. And now these established, down-on-their-luck finance companies have convinced the North American public that they're deserving of billions in taxpayer dollars because they're established firms and not conventional penny stocks as outlined by the SEC.
So what have we done for these behemoths? We've altered the dictionary definition of penny stocks to accommodate them. We've altered the level playing field by exempting them from short sellers. And now we're giving them tax dollars like some executive backed clinic while hard working entrepreneurs have to battle for their place in this shrinking economy.
You have heard about penny stocks, but the mere name of them scares you, simply because of its hopeful sound. Yet you know that many folk claim to have made laughable profits in the penny stock market. But before you make a decision to get involved in penny stock trading, you want to become educated in all the penny stock terminology, so that your definition of the best penny stocks matches that of those individuals that trade them as a living.
There are those that outline the best penny stocks vis their price per single share. The instruments and Exchanged Commission, or SEC, has established a minimum price for.
Stocks to trade on the larger exchanges ; normally it is $4 or $5 per share. So that the best penny stock definition, according to them, would be any stock which didn't meet the threshold $4 price to get it off the penny stock exchange.
Once a stock has been sent to the penny stock exchange, it will trade there until the company is in a position to re-qualify it for a bigger exchange, and this could not happen even if it is trading above $4 or $5, because other conditions need to be met. So many traders look at where a stock is trading as the best penny stock doggedness.
If you have decided never to hold a stock which gets over the $2 level as the best penny stocks to trade are under $2, then you should sell all of your stocks as soon as they hit $2 rather than hoping for another nickel or dime. Your best chance of being one of those who earn money in penny stocks, determining a way to decide on the best penny stocks, and sticking wh it, is your best hope. - 23196
posted by X - Men @ 7:22 AM
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