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Thursday, November 1, 2007

PLACES TO BUY PENNY STOCKS


It is known that the stock markets have a specific place where people invest their money as they are regular. For example, New York Stock Exchange that having rules for companies which trade on it so companies that trade with penny stocks must be traded elsewhere. You can find what you are looking for by your broker who helps you to find information for you.

Penny stocks are not traded on a stock exchange market but are traded in the part of OTC market. OTC means over-the-counter which can be part of the National Association of Securities Dealers Automated Quotation (NASDAQ).

So if you want to purchase penny stocks, you can find them in:

" OTC market. " Some parts of the NASDAQ market (NNM) which is made up of part of the OTC market.

New York Stock Exchange is not the only stock that has rules for companies which trade on it, NASDAQ has also rules but it is changed several times. So, we'll find that the number of penny stocks on the NASDAQ in any given time changes readily.

Now, what do you need to start investing in penny stocks?

To start trading or investing in penny stocks you need only three things:

1) Money.
2) Broker.
3) Information.

You need the money to invest it in penny stocks. Beside the money, you need a broker who helps you to improvising your money with the best outright agreement.

The last and the important thing you must have is information which may help you to understand many things about penny stocks or other stocks. Learn how to increase your money with real time information and not enough actual information but accurate information.

By the way, your broker can find some of this information; beside this you must make a lot of searches to find the rest of this information.

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