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Penny Stock Investing – What Exactly Is It?
By Penny Stock Investor | November 9, 2009
Penny stock investing has its proponents and critics. I would categorize myself under proponents as I know that there is potential wealth in penny stock trading.
Basically, penny stock investing in the United States involves the trading of common stock at a rate of less than $5 a share. Such stocks are traded over the counter through the OTC Bulletin Board.
When it comes to the UK, penny stock investment involves shares in small cap businesses or companies that have market capitalization of less than 100 million. Penny shares or penny stocks in British trading also cover those with a share price of less than one pound with an offer spread higher than ten percent.
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