Penny Stocks

Seven of the best sites about “penny stocks” — very cheap stocks trading on major stock markets or Over the Counter (OTC). Know of another site that should be listed here? Leave your suggestion at the bottom of this page. (Related searches: Stock Screener, Discount Stock Brokers, Stock Technical Analysis)

1. “Penny Stock” at Wikipedia - If you’re wondering what exactly penny stocks are, this article will make it clear that they can’t be clearly defined — some people say they have to be priced under $1, or $5, or not be listed on a major stock exchange, or maybe they just have to be small cap stocks that are highly speculative. No matter what the exact definition is, you’ll find that trading penny stocks can be a risky business. (en.wikipedia.org)

2. Stocks Under a Dollar from Yahoo Finance! Stock Screener - Here’s a list of over 2000 stocks with a current price of $1.00 or less — “penny stocks” by almost any definition. You can get current price quotes, stock chart, and any available news on the companies (although there often isn’t much). You can also use the screener here to find stocks of $5 and under, or define other variables to find stocks that might interest you. (screen.yahoo.com)

3. Global Penny Stocks - Offers subscription newsletter that picks “stocks trading at under $5.00 that are listed on the NYSE, NASDAQ, and AMEX.” See site for their investing philosophy and track record. (www.pennystock.com)

4. Pump and Dump of Penny Stocks Fleecing Millions - May, 2008 article says many companies promoting hot penny stocks do so in an attempt to get the price to rise long enough for the companies to sell their shares and take a profit before the price falls again. (www.thestate.com)

5. Dr. PennyStock - Blog offers daily opinion on penny stocks to buy, sell or hold. (www.drpennystock.com)

6. PennyStocks.com - Web site of Peter Leeds Penny Stock Service, which offers a newsletter featuring information on penny stocks (stocks priced from one penny to $5.00) and weekly stock picks. Newsletter is a paid subscription publication; not much free stuff here. (www.pennystocks.com)

7. Making Cents in Penny Stocks - May 12, 2008 article looks at some favorite penny stocks from members of the Motley Fool CAPS community. Companies include Alesco Financial, China GrenTech, MannKind, RF Micro Devices, and Canadian Superior Energy. (www.fool.com)

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