Penny stocks are low priced stocks of small companies, and they are also known as cent stocks, small cap stocks or micro cap stocks. There are many penny stock trading markets; some of them are quite good while some others are unsafe for investment.
Types Of Penny Stock Trading Markets:
The list of markets where you can find penny stocks is here:
1. NASDAQ penny stock market
2. OTC-BB penny stock market
3. Amex penny stock market
4. Pink sheets penny stock market
5. Penny stock directly from companies
NASDAQ is the most safe and best place of penny stocks. All the penny stocks issuing companies, if they are listed in NASDAQ, follow the necessary requirements and companies must keep compliance with these requirements to uphold their listing.
The most famous exchange of penny stocks is OTC-BB. Over the counter Bulletin Board is a regulated quotation service that provides real-time quotes, last sale prices, and volume information regarding shares.
Amex is also one more penny stock market, here the companies also are regulated with compulsory requirements, but the difference between NASDAQ and AMEX small cap stocks is that Amex small cap stocks have normally low volumes.
Pink sheets is also popular penny stock market, but investment in companies regulated in pink sheets can be dangerous, as these stocks trade without any reporting any requirements. However the most dangerous way of trading penny stocks is buying penny stocks directly from the companies, or buying from agents on phone.
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