📈📈 Bullish OTC Penny Stocks Under $.25 for 7.5.2019 💵💵 - #stockstowatch #pennystocks #otc
What Is a Penny Stock: A penny stock refers to a small company's stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. Transactions take place through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned Pink Sheets. There is no trading floor for OTC transactions, and the quotations are also all done electronically.
The desire to make a quick killing in the stock market draws many inexperienced investors to trade in penny stocks. Unfortunately, this also means many people lose their money in the blink of an eye.
Why would anyone take on this type of risk? As the saying goes, “the higher the risk, the higher the potential returns.” If invested in the right companies, penny stocks can provide enormous returns. So if you’re comfortable with the risk versus return trade-off, and understand that you could lose your money, penny stocks could play a role in your portfolio.
What Is the Over-The-Counter Bulletin Board?
The over-the-counter bulletin board (OTCBB) is an electronic quotation service provided by the Financial Industry Regulatory Authority (FINRA) to its subscribing members. In many ways, the OTCBB is a shell of what it once was in that it has been eclipsed by OTC Markets Group's offerings in the same space.
Understanding the Over-The-Counter Bulletin Board (OTCBB)
In the past, the OTCBB offered traders and investors up-to-the-minute quotes, last-sale prices and volume information for equity securities traded over-the-counter. All companies listed on this platform had to file current financial statements with the Securities and Exchange Commission (SEC) or a regulator.
The over-the-counter bulletin board (OTCBB) was started in 1990 after the Penny Stock Reform Act of 1990stipulated that the SEC must develop some type of electronic quotation system for stocks that could not be listed on one of the major exchanges. Stocks that traded over the counter were traded between individuals and market makers using computers and telephones.
As is the case today, the over-the-counter stocks on the OTCBB were not part of any major exchanges. This is primarily because OTC stocks tend to be small and volatile. This makes meeting listing requirements difficult. More importantly from the trading standpoint, the bid-ask spread is typically larger for these stocks as they typically trade with less frequency than exchange-listed stocks. Only a select few OTCBB stocks successfully moved from the OTC market to a major exchange.
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Jonny Red's Penny Stock Trade Thoughts Below:
The below listed Penny Stock Tickers are all those that meet the criteria of the scanner. These are tickers that need to be watched and analyzed at Market Open to see if they will continue their Northern Momentum. I have posted a few of the charts for my favorite ones.
All of these tickers close today with 3 consecutive Green closes. I typically always look for penny's stock plays that have 2 to 3 consecutive GREEN days, and at least 800k+ in volume.
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See all Bullish Tickers below, but My Top 3 Ticker Symbols are: SINT - CNNA - LVVV
SINT (Actually NQ) - Sintx Technologies, Inc., a biomaterial company, researches, develops, manufactures, and commercializes a range of medical implant products manufactured with silicon nitride in the United States, Europe, and South America. The company offers ceramic based biomaterial solutions in various medical and industrial applications. It provides spine implant products under the Valeo brand to surgeons and hospitals for use in cervical and thoracolumbar spine surgery. The company markets and sells its products directly; and through direct sales organizations, distributors, as well as original equipment manufacturer and private label partnerships. The company was formerly known as Amedica Corporation and changed its name to Sintx Technologies, Inc. in October 2018. Sintx Technologies, Inc. was founded in 1996 and is headquartered in Salt Lake City, Utah.
CNNA - Cannamed4pets Inc., a development stage company, focuses on the development of Cannabis sativa strains for pets in various European Union countries. The company was formerly known as Bioflamex Corporation and changed its name to Canamed4pets Inc. in April 2015. Canamed4pets Inc. was founded in 2004 and is based in Charlottenlund, Denmark.
LVVV - LiveWire Ergogenics, Inc. develops and markets consumable energy supplement products primarily in the United States. It offers energy chew products through distributors, as well as directly to consumers through Internet. The company was founded in 2008 and is based in Yorba Linda, California.
What Is a Penny Stock: A penny stock refers to a small company's stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. Transactions take place through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned Pink Sheets. There is no trading floor for OTC transactions, and the quotations are also all done electronically.
The desire to make a quick killing in the stock market draws many inexperienced investors to trade in penny stocks. Unfortunately, this also means many people lose their money in the blink of an eye.
Why would anyone take on this type of risk? As the saying goes, “the higher the risk, the higher the potential returns.” If invested in the right companies, penny stocks can provide enormous returns. So if you’re comfortable with the risk versus return trade-off, and understand that you could lose your money, penny stocks could play a role in your portfolio.
What Is the Over-The-Counter Bulletin Board?
The over-the-counter bulletin board (OTCBB) is an electronic quotation service provided by the Financial Industry Regulatory Authority (FINRA) to its subscribing members. In many ways, the OTCBB is a shell of what it once was in that it has been eclipsed by OTC Markets Group's offerings in the same space.
Understanding the Over-The-Counter Bulletin Board (OTCBB)
In the past, the OTCBB offered traders and investors up-to-the-minute quotes, last-sale prices and volume information for equity securities traded over-the-counter. All companies listed on this platform had to file current financial statements with the Securities and Exchange Commission (SEC) or a regulator.
The over-the-counter bulletin board (OTCBB) is an electronic quotation service provided by the Financial Industry Regulatory Authority (FINRA) to its subscribing members. In many ways, the OTCBB is a shell of what it once was in that it has been eclipsed by OTC Markets Group's offerings in the same space.
Understanding the Over-The-Counter Bulletin Board (OTCBB)
In the past, the OTCBB offered traders and investors up-to-the-minute quotes, last-sale prices and volume information for equity securities traded over-the-counter. All companies listed on this platform had to file current financial statements with the Securities and Exchange Commission (SEC) or a regulator.
The over-the-counter bulletin board (OTCBB) was started in 1990 after the Penny Stock Reform Act of 1990stipulated that the SEC must develop some type of electronic quotation system for stocks that could not be listed on one of the major exchanges. Stocks that traded over the counter were traded between individuals and market makers using computers and telephones.
As is the case today, the over-the-counter stocks on the OTCBB were not part of any major exchanges. This is primarily because OTC stocks tend to be small and volatile. This makes meeting listing requirements difficult. More importantly from the trading standpoint, the bid-ask spread is typically larger for these stocks as they typically trade with less frequency than exchange-listed stocks. Only a select few OTCBB stocks successfully moved from the OTC market to a major exchange.
As is the case today, the over-the-counter stocks on the OTCBB were not part of any major exchanges. This is primarily because OTC stocks tend to be small and volatile. This makes meeting listing requirements difficult. More importantly from the trading standpoint, the bid-ask spread is typically larger for these stocks as they typically trade with less frequency than exchange-listed stocks. Only a select few OTCBB stocks successfully moved from the OTC market to a major exchange.
Jonny Red's Penny Stock Trade Thoughts Below:
All of these tickers close today with 3 consecutive Green closes. I typically always look for penny's stock plays that have 2 to 3 consecutive GREEN days, and at least 800k+ in volume.
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