| When scanning the penny stocks message board, | | | | experienced trader is to scan the penny stocks |
| also called the over the counter bulletin board | | | | recommendations for the gems, using the penny |
| (OTCBB) to pick up information about a good | | | | stocks recommendations service analysis and |
| penny stock to invest in, you have to keep in | | | | provided information about the penny stock pick |
| mind that not everyone is quite as honest and | | | | and delve in deeper from there. |
| upfront as you are. Much of the company | | | | A good starting point to approach the penny |
| information is not precise as displayed on the | | | | stocks bulletin board is to know the penny stock |
| penny stocks message board and should be | | | | symbol and company profile. The information |
| looked into. Many times a stock will plummet from | | | | supplied on the OTCBB should also be available in |
| Nasdaq into the Pink Sheets or over the counter | | | | parts on Yahoo finance or Google Finance stock |
| bulletin board due to lack of required financial | | | | information. If you are a beginner investor you |
| information supplied by the share holding company. | | | | should be aware of the penny stocks pump and |
| Over the counter stocks (OTC) are stocks are | | | | dump schemes that can be avoided through |
| traded outside of the main markets like the NYSE | | | | some basic research and understanding how to |
| and NASDAQ and are traded for under 5 dollars a | | | | analyse candlestick stock trends. |
| share. If you have never traded stocks from the | | | | One important thing to keep in mind is that any |
| penny stocks message board then you should | | | | beginner and even experienced trader will |
| match some picks with your penny stocks | | | | experience some losses and will be on a constant |
| recommendations service. The best use of any | | | | learning curve. |