A penny stock is a common stock trading at five (5) dollars or less. These inexpensive stocks are traded outside the major markets (NYSE, AMEX, or NASDAQ). Rather, they are traded “over the counter” (OTC) via quotation services such as the OTC Bulletin Board and the “Pink Sheets.” Perhaps most importantly, these common shaes offer an incredible upside for potential investors. Since they are sold at such low prices that they entice many investors, particularly first-time investors. These low prices allow novices to explore the markets, without risking the loss of an extensive amount of money.
Another advantage is that they are easy to buy since they are sold as common shares and are readily available to the public. In addition, they are listed in each of the stock exchange markets for the benefit of the general public and potential investors.
The biggest advantage is the potential for very high returns on investment. It is not uncommon for these inexpensive shares to double or triple in price in extremely short periods of time; something that is nearly impossible for the average stock.
For the newbie as well as the experienced investor there is a wonderful website that offers great picks with a proven track record of success: AwesomePennyStocks.com.
AwesomePennyStocks.com offers a free subscription to their newsletter filled with specific picks. AwesomePennyStocks.com’s results over the past two years have been nothing short of astounding. Their most recent pick was picked when it was at 10 cents and quickly skyrocketed all the way to 1.20$ in just 2 weeks. This represents an outstanding increase of 1100%! Their members have also seen gains of over 2500% in the past. Because their newsletter has had many other successes like these, an increasing number of investors are becoming subscribers and dedicated followers.
If you’re interested in receiving these high-potential penny stock picks straight to your email, sign up for this free, insightful newsletter today at AwesomePennyStocks.com.