The Securities and Exchange Commission classifies penny stocks as “low-priced (below $5), speculative securities of very small companies”, and they are traded over the counter (OTC) through quotation services such as the Pink Sheets or the OTC Bulletin Board.
The Securities and Exchange Commission classifies penny stocks as “low-priced (below $5), speculative securities of very small companies”, and they are traded over the counter (OTC) through quotation services such as the Pink Sheets or the OTC Bulletin Board.