#1
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 NYSE, most penny stocks trade over the counter through the OTC Bulletin Board (OTCBB).
To learn how to make money with penny stocksyou'll want to understand all the ins and outs before you dive in.
It's important to remember that trading penny stocks isn't like trading your average stock.