Best List Of Penny Stocks
Technically, penny stocks aren't really stocks, which may be found for merely a penny. However, they are believed to be much more inexpensive than almost all of the blue-chip stocks. Needless to say, in a sense, even the blue-chip stock may become a penny stock. For example, after the economic meltdown in the fall of 2008, Ford Motors stock indeed sold for less than $5 per share. On a regular basis, $5 will be the price level at which a stock is known to become a penny stock though some individuals often prefer the 1 dollar dividing line.
Learn More About Penny Stocks
In general, the Securities and Exchange Commission of United States (SEC) defines a penny stock as a sharepriced at or below 5 dollars. In fact, in the early time, it was truly $1.
However, because of the small trade values, its definition was changed. It is worth pointing out that there will be 2 vital terminologies, relating to the price of this stock.
The first concept is about aface value – the value in which the penny stocks were issued in the 1st place what were usually in pennies. The second one is regarding market value. After the Initial Public Offer (IPO), the shares/stocks will enter the stock market, and their prices either decrease or escalate as per the performance, which will be shown by the company. Normally, market opinions, advice, and tips are analyses made by experts who are able to forecast the market price escalation that is backed by logic. Sometimes, penny stocks are also considered as micro cap stocks since they own merely $10 - $100 million of the market capitalization.
Basically, stocks may be purchased at the conventional stock exchanges. Stock exchanges will be the stock, share and instrument malls, where we are allowed to buy and sell stocks or shares of different companies. Nevertheless, penny stocks are not listed on the conventional market.
Keep in mind that there are several penny stocks traded on NYSE, Amex, and NASDAQ, but the proportion is very small, and liquidating an investment tends to become very challenging. Meanwhile, Over the Counter Bulletin Board (OTC-BB) and Pink Sheets will be the 2 markets, which deal solely in penny stocks.
Warning To Consider
Although penny stocks are inexpensive to buy, they may shoot through the roof in case the stars are ideally aligned. However, they shouldn't be considered as an attractive route to becoming rich. Though it is really possible to search for an extensive list of penny stocks, there will be no guarantee that any stock on our chosen list will become profitable.
It is totally accessible to seek for the valuable lists of penny stocks via a simple search on Yahoo or Google. One of the problems here is that, in order to get the core of the real lists of viable penny stocks, we are required to crawl through the fat of the newsletters, which may make the huge promises. In fact, this process may be useful for finding the precious newsletters, but it just may be a waste of our time. In any case, websites like AllPennyStocks.com are able to present a large number of penny stocks worthwhile for our investment.
Wish To Receive The Best List Of Penny Stocks? Come To Penny Stock Tool Chest Now!
It is indeed an excellent example of a site offering a long list of penny stocks. The beauty of this website is that it seems not to be cluttered with sale pitches or ads that try to get us to subscribe to a newsletter. Instead, the Penny Stock Tool Chest is simply a long web page, which needs to be scrolled down, and it often holds a list of the names as well as abbreviations of the stocks.
Yes, the site will reveal nothing about what the company does. Also, it does not supply an amount for which the stock tends to be trading. Nonetheless, it is a useful tool for any beginner to do their own research.
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