How To Buy Penny Stocks
The SEC defines penny stocks as "low-priced, speculative stocks of very small corporations. While penny stocks often are quoted OTC, such as on the OTCBB or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. Additionally, penny stocks include the securities of certain non-public companies with no active trading market.".
Last autumn, the SEC took the unprecedented action of banning short sales and asking 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 complaining of for a while but went unheeded. And now these established, down-on-their-luck financial firms have convinced the american public that they're deserving of billions in taxpayer dollars because they are established corporations and not conventional penny stocks as outlined by the SEC.
So what have we really 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 greenbacks like some government backed hospital while industrious entrepreneurs have to fight for their place in this shrinking economy.
You have heard about 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 exchange. But before you make a decision to become involved in penny stock trading, you want to become educated in all of 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 who define the best penny stocks in terms of 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 ; routinely 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 until the company is in a position to re-qualify it for a larger 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 because the best penny stocks to trade are under $2, then you should sell all your stocks as quickly as they hit $2 rather than in hope of another nickel or dime. Your best prospect of being one of those who make money in penny stocks, determining a way to fix on the best penny stocks, and sticking wh it, is your best hope. - 23305
Last autumn, the SEC took the unprecedented action of banning short sales and asking 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 complaining of for a while but went unheeded. And now these established, down-on-their-luck financial firms have convinced the american public that they're deserving of billions in taxpayer dollars because they are established corporations and not conventional penny stocks as outlined by the SEC.
So what have we really 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 greenbacks like some government backed hospital while industrious entrepreneurs have to fight for their place in this shrinking economy.
You have heard about 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 exchange. But before you make a decision to become involved in penny stock trading, you want to become educated in all of 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 who define the best penny stocks in terms of 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 ; routinely 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 until the company is in a position to re-qualify it for a larger 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 because the best penny stocks to trade are under $2, then you should sell all your stocks as quickly as they hit $2 rather than in hope of another nickel or dime. Your best prospect of being one of those who make money in penny stocks, determining a way to fix on the best penny stocks, and sticking wh it, is your best hope. - 23305
posted by Mr. Forex at
7:17 AM
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