How To Buy Penny Stocks
The SEC defines penny stocks as "low-priced, speculative instruments of minute companies. While penny stocks often are quoted OTC, such as on the OTCBB or in the Pink Sheets, they could also trade on stocks exchanges, including foreign instruments exchanges. Additionally, penny stocks include the instruments of certain personal 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 companies have been complaining of for a long while but went unheeded. And now these established, down-on-their-luck finance corporations have convinced the North American public that they're worthy of billions in taxpayer bucks because they're established firms and not traditional penny stocks as outlined by the SEC.
So what have we done for these behemoths? We've altered the meaning 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 government backed hospital while hard working 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, just because of its speculative sound. Yet you know that many folk claim to have made preposterous profits in the penny stock market. But before you decide to get involved in penny stock trading, you want to become educated in all of the penny stock terminology, so that your definition of the finest penny stocks matches that of those that trade them for a job.
There are those who define the best penny stocks vis their price per single share. The stocks and Exchanged Commission, or SEC, has established a minimum price for.
Stocks to trade on the larger exchanges ; typically it is $4 or $5 per share. So 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'll trade there till the company is ready to re-qualify it for a bigger exchange, and this can not occur even if it is trading above $4 or $5, because other conditions must be met. So many traders look at where a stock is trading as the best penny stock determination.
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 instead of wanting another nickel or dime. Your best prospect of being one of those people who make cash in penny stocks, discovering a way to fix on the best penny stocks, and sticking wh it, is your best hope. - 23204
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 companies have been complaining of for a long while but went unheeded. And now these established, down-on-their-luck finance corporations have convinced the North American public that they're worthy of billions in taxpayer bucks because they're established firms and not traditional penny stocks as outlined by the SEC.
So what have we done for these behemoths? We've altered the meaning 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 government backed hospital while hard working 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, just because of its speculative sound. Yet you know that many folk claim to have made preposterous profits in the penny stock market. But before you decide to get involved in penny stock trading, you want to become educated in all of the penny stock terminology, so that your definition of the finest penny stocks matches that of those that trade them for a job.
There are those who define the best penny stocks vis their price per single share. The stocks and Exchanged Commission, or SEC, has established a minimum price for.
Stocks to trade on the larger exchanges ; typically it is $4 or $5 per share. So 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'll trade there till the company is ready to re-qualify it for a bigger exchange, and this can not occur even if it is trading above $4 or $5, because other conditions must be met. So many traders look at where a stock is trading as the best penny stock determination.
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 instead of wanting another nickel or dime. Your best prospect of being one of those people who make cash in penny stocks, discovering a way to fix on the best penny stocks, and sticking wh it, is your best hope. - 23204
posted by X - Men @ 7:24 AM
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