003: Timothy Sykes – Inside the World of Penny Stocks and How to Profit from Market Inefficiencies
Chat With Traders
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What Are Penny Stocks?
A penny stock is any stock trading under $5 a share, that's the basic definition. They trade on every exchange, New York Stock Exchange, NASDAQ, OTC bulletin boards and pink sheets in the US. It all depends, it's just very low priced stocks. Normally, you can get a stock that's up 50 or 100 or 200% in a day. So, there is extreme volatility.
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