The term penny stock commonly refers to a stock trading outside of the major exchanges in the US, the NYSE, NASDAQ and AMEX. They can often be traded over the counter via Pink Sheets or OTCBB.
Penny stock companies will tend to have lower market capitalisation and trade less frequently than stocks traded on the major exchanges. Penny stocks are high risk investments.
Websites like investorshub.com offer a place for penny stock investors to meet and share research and opinions on these companies.
To find out more about penny stocks and follow their prices on ADVFN get in touch on [email protected] or give us a call on 0207 0700 961 in the UK or 888 992 3836 in the US.