How To Buy Penny Stocks
The SEC outlines penny stocks as "low-priced, speculative stocks of minute companies. While penny stocks often are quoted over the counter, such as on the OTCBB or in the Pink Sheets, they could also trade on instruments exchanges, including foreign instruments exchanges. In addition, penny stocks include the stocks of certain private companies with no active trading market.".
Last Q4, the SEC took the unprecedented action of banning short sales and calling for a short cover on financial sector stocks that taken a thrashing by the shorts. It's a lament that penny stock firms have been complaining of for years , but went unheeded. And now these established, down-on-their-luck money companies have convinced the North American public that they are worthy of billions in taxpayer bucks because they are established companies and not conventional penny stocks as outlined by the SEC.
So what have we actually done for these behemoths? We've altered the meaning of penny stocks to accommodate them. We've changed the level playing field by exempting them from short sellers. And now we are giving them tax dollars like some central authority backed hospital while industrious entrepreneurs have to battle for their place in this shrinking economy.
You've heard of penny stocks, but the mere name of them scares you, simply because of its speculative sound. Yet you know that many folks claim to have made laughable profits in the penny market. But before you make a decision to become involved in penny stock trading, you need to become educated in all of the penny stock terminology, so that your definition of the best penny stocks matches that of those who trade them as a living.
There are those that define the best penny stocks re their price per single share. The instruments and Exchanged Commission, or SEC, has established a minimum price for.
Stocks to trade on the bigger exchanges ; typically it is $4 or $5 per share. So that the best penny stock definition, according to them, would be any stock which failed to 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 till the company is able to re-qualify it for a bigger exchange, and this may 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 backbone.
If you have decided never to hold a stock which gets over the $2 level because the best penny stocks to trade are under $2, then you should sell all of your stocks as quickly as they hit $2 rather than in hope of another nickel or dime. Your best chance of being one of those individuals that make money in penny stocks, determining a way to decide on the best penny stocks, and sticking wh it, is your best hope. - 23159
Last Q4, the SEC took the unprecedented action of banning short sales and calling for a short cover on financial sector stocks that taken a thrashing by the shorts. It's a lament that penny stock firms have been complaining of for years , but went unheeded. And now these established, down-on-their-luck money companies have convinced the North American public that they are worthy of billions in taxpayer bucks because they are established companies and not conventional penny stocks as outlined by the SEC.
So what have we actually done for these behemoths? We've altered the meaning of penny stocks to accommodate them. We've changed the level playing field by exempting them from short sellers. And now we are giving them tax dollars like some central authority backed hospital while industrious entrepreneurs have to battle for their place in this shrinking economy.
You've heard of penny stocks, but the mere name of them scares you, simply because of its speculative sound. Yet you know that many folks claim to have made laughable profits in the penny market. But before you make a decision to become involved in penny stock trading, you need to become educated in all of the penny stock terminology, so that your definition of the best penny stocks matches that of those who trade them as a living.
There are those that define the best penny stocks re their price per single share. The instruments and Exchanged Commission, or SEC, has established a minimum price for.
Stocks to trade on the bigger exchanges ; typically it is $4 or $5 per share. So that the best penny stock definition, according to them, would be any stock which failed to 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 till the company is able to re-qualify it for a bigger exchange, and this may 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 backbone.
If you have decided never to hold a stock which gets over the $2 level because the best penny stocks to trade are under $2, then you should sell all of your stocks as quickly as they hit $2 rather than in hope of another nickel or dime. Your best chance of being one of those individuals that make money in penny stocks, determining a way to decide on the best penny stocks, and sticking wh it, is your best hope. - 23159
posted by X - Men @ 7:18 AM
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