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Author: Christopher Smith Article source: http://www.articlesfactory.com/. Used with author's permission.
Most people think of the major stock exchanges when trading stocks comes to mind. However, on the OTC exchange, penny stock fortunes are made and lost quickly. Most people think of the major stock exchanges when trading stocks comes to mind. However, on the OTC exchange, penny stock fortunes are made and lost quickly.
Most people think of the major stock exchanges when trading stocks comes to mind. The New York Stock Exchange (NYSE), the National Association of Securities Dealers Automated Quotations (NASDAQ), and the American Stock Exchange (AMEX) are among those that first come to mind. A penny stock is a low ticket security for companies that are valued at under five hundred million dollars and often trade in low volumes. These stocks also trade on 'Over the Counter' exchanges such as the OTCBB or Pink Sheets.
The very fact that penny stocks trade at such low volumes increases the risks involved in investing in them. The Securities and Exchange Commission urge
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