Hot OTC Penny Stocks
Friday, February 27th, 2009Hot OTC penny stocks or over the counter penny stocks are stocks or shares of companies that only require investors to pay a very small amount of money, hence the name penny stocks. If you want to buy 10 stocks to invest in, the amount you have to pay is only less than $5. To be considered as OTC penny stocks, they should have a less than $5 price and they should not be included in major stock exchange trading such as in NASDAQ. Moreover, they should be included in the “pink sheet’s” list of OTC or NASD. The company should also be fairly new, maybe not more than three years in operation and the asset should not be more than $5 million.