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Otcbb stock list Form: What You Should Know
OTC Market News In the past few years, there has been tremendous growth in OTC financial services. Today, the OTC market is so much broader — it encompasses any securities traded over a counterparty-to-counterparty electronic platform. That has brought investors with more opportunities than ever before for direct trading. For instance, there are a lot of people who trade stocks in the US stock market. What Is the “Over-The-Counter Markets?” According to the Office of the US Trade Representative: Over-the-Counter Markets are established within an electronic exchange for two people, including oneself. They provide markets for securities in a market that is open to all persons. They are also referred to as an electronic trading system, over-the-counter (OTC) marketplace, and OTC swap marketplace. OTC markets offer a direct trading and purchase method for securities and other market-making transactions without a middleman involved in the transaction. They differ from Securities Markets and Clearing Programs, which offer exchange trading for securities and provide an intermediary and clearing function in the process. The main difference between the OTC markets and the Securities Markets and Clearing Programs is that in the OTC markets, the seller does not have a direct relationship with the buyer. The result is a direct price comparison and not a middle man. There is no requirement for the security to be listed in a securities exchange, and therefore no exchange commissions. In the OTC Markets, the exchange does not act as the middle man, so the security does not require a capital raise in order to be listed. As of October 9, 2010, more than one million US securities are listed in 21 OTC markets. Fee Structure All major exchanges in the US have fees which are used to pay OTC brokerages, clearing houses, and other entities for the services they provide to the public. These fees cover the costs of managing the OTC markets for the public. The OTC fees are not as high as the fees typically charged in the exchanges, but they are still a large sum which is passed on to the public in exchange for the privilege of trading the over-the-counter securities.
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FAQ - Otcbb stock list
Where do you go to get certificates for trades?
You are able to do this simply by contacting your broker. This however may be very expensive. In the past we have seen certs costing more than the value of a position just to receive, although this is more common for OTCBB stocks than fully listed ones. For more information on trading & investing be sure to check out our website here at mainstreettrading! We now have fully launched our Contributing Analyst Program as well as our Trader Funding Program. You can also contact Trading@MainStreetTrading.net for more details!
Has a company founded by a black person ever gone public in the U.S?
Yes, and itu2019s a long list.Off the top of my head the following companies went public in the U.S. who were founded by a black entrepreneur:1. Park Sausage Co. Went public on NASDAQ-OTC Market in 1969. Raised $1.5M2. Johnson Products Co. Went public on AMEX in 1969. Raised$6.5M. Founder: George E. Johnson.3. PKS Communications Inc. Went public in 1983 on NASDAQ. Raised $2M.4. American Shared Hospital Services. Went public on July 13,1984 on NYSE MKT (fka AMEX). Stock was priced at $5 a share. Raised $4M. Founder: Earnest Bates.5. Ault Inc. Went public on September 7, 1984 on NASDAQ. Raised $9M. Founder: Joseph Ault (Luther T. Prince, Jr. CEO at time of IPO.)6. Bet Holdings Inc. Went public on October 30, 1991 on the NYSE. Stock was priced at $17 a share. Founder: Robert L. Johnson.7. Granite Broadcasting. Went public on January 14, 1992 on NASDAQ. Raised $24M. Founder: Stuart Beck.8. Envirotest Systems. Went public on April 1, 1993 on NASDAQ. Stock priced at $16 a share. Founder: Chester C. Davenport9. Caraco Pharmaceuticals Labs. Went public on February 10,1994 on the OTCBB. Stock was priced at $11 a share. Raised $7.5M. Founder: Dr. C. Arnold Curry.10. Carver Federal Savings. Went public on October 26, 1994 on NASDAQ. Founder: The Terry-Locklary & Brown Family in Harlem11. Broadway Financial Corp. Went public on January 9, 1996 on NASDAQ. Raised $9M. Founder: Elbert T. Hudson and Paul Hudson.12. Chapman Holdings. Went public on February 27, 1998 on NASDAQ. Stock priced at $8 a share. Raised $7.7. Founder: Nathan Chapman, Jr.13. United American Healthcare Corporation. Went public on August 20, 1998 on NYSE. Raised $65M Founder: Dr.Julius V. Combs and Ronald R. Dobbins14. Radio One. Went public on May 6, 1999 on NASDAQ. Stock was priced at $24 a share. Founder:Catherine Liggins Hughes.15. Worldspace Inc. Went public on August 1, 2023 on NASDAQ. Stock was priced at $21 a share. Founder: Noah Samara.16. Fluid Music Inc. Went public on June 19, 2023 on TSX. Stock priced at $2 per share. Raised $27M. Founder: Justin Beckett (and previous Chairman and CEO.)17. IntelliPharmaCeutics. Went public on October 22, 2023 through a reverse merger transaction resulting in the company listing on the TSX and NASDAQ. (Raised $7.5 concurrently on close of RTO.) Founder: Isa Odidi.18. RJL Lodging Trust. Went public on May 11, 2023 on NASDAQ. Stock was priced at $18 a share. Founder: Thomas Baltimore.19. Rapid7. Went public on July 17, 2023 on NASDAQ. Stock priced at $16 per shares. Founder: Corey Thomas.There are likely many, many more companies founded by black entrepreneurs that have gone public in the United States. The histories of companies are often lost as they are purchased and merged with other entities. Sun Pharmaceuticals, for instance, acquired Caraco Pharmaceuticals Labs to establish a strong foothold in United States.At one time there was a BE Black Stock Index of publicly traded companies. The index was quite interesting as it regularly outperformed the market and other indexes for a time.
Where can I find the best penny stocks?
One awesome thing about penny stock trading is that you probably do not need to look for a broker. If you already are a stock trader, your current broker most likely can handle the transactions for you.That means that if you are all set up with a stockbroker, you need only start searching for penny stocks to invest in. There are a few approaches you can take here:Check penny stock listings like OTCBB and Pink Sheets. Then just start researching the companies on your own.Look up lists of the 10 best penny stocks or the top 100 active penny stocks. Just makes sure that you are checking a publication or website which you can trust.Sign up for a service. Another option to find the best penny stocks to buy now is to sign up for an alerts service. You pay a monthly fee, and picks are delivered to you via email or SMS. Some services also come with video lessons, community access, email coaching and more.A lot of traders simply buy the top penny stocks they see recommendedu2014but this is not the best way to trade. Yes, it saves time, but it will lose you money. If you want to win at this game, you need to do your homework.To learn more about penny stocks ain general feel free to check out the no-cost guide I wrote here.
Is an OTCBB startup reliable to work at? And is there any advantage at having stock options as an employee in that case? Is it normal for a techstartup to go OTCBB?
For a tech startup to get its stock listed over the counter or pink slip trading system is uncommon. Because these markets are poorly covered by analysts and press, and usually thinly traded, they're a far less attractive option for generating liquidity than a public offering on a major exchange, or an acquisition for cash or a larger public company. This can be a dead end, because the company now has a much costlier and more restrictive regulatory burden than it did when private, and it is hard for an OTC company to ever become something else. In my observation, some of the companies that go this way are naive, desperate, or there is something shady involved: either somebody has sold them on something, they are the ones doing the selling, or they are trying to avoid too much oversight for what the company is doing. If you've seen the first 20 minutes of The Wolf of Wall Street, that sums it up.There are a few exceptions, most notably Walmart, which was reportedly OTC from 1970 until graduating in 1972. There are surely plenty of ethical, capable company officers running these microcap companies, but it's just not where a top tier tech company would ever aim to be.Everything else being equal it is usually better to have options than not to have options. But I wouldn't hold my breath waiting for them to be worth anything anytime soon, or ever. By the Black-Scholes Model, any options are going to have some non-zero value due to random variation in stock price as well as the effects of inflation, and OTC stocks are particularly volatile. However, by the time it's listed there, a company has probably achieved all of the growth upside it's going to have. A venture funded pre-public company would usually have much better shot at stock appreciation.
What is the best way to trade penny stock?
The best way to trade penny stocks Is short selling, in my opinion. if you are unclear about what short selling is, check this out? Jack Kellogg's answer to What is shorting a stock? also learn how to manage risk here? Jack Kellogg's answer to How will you manage short squeeze? some good patterns to test out is shorting a huge parabolic squeeze, shorting an overextended gap down, shorting guru picks, shorting a spike into daily resistance, and shorting a gap & crap. If youu2019re interested in pump & dumps please read this? Jack Kellogg's answer to What does a penny stock scam look like?Shorting a parabolic squeezePattern/risk-For this pattern, look for a huge move on a stock that happens quickly. look for the first pullback then short sell on bounce back near the high. always risk the high of day or risk a disaster. DONT TRADE THIS SETUP IF YOUu2019RE BAD AT CUTTING LOSES!Science behind trade- Every trader that went long will be looking to take profits. Traders see the momentum shift and traders who bought near the top will be selling as well.Example:***The chart tells the story***Shorting overextended gap downsGap down definition- stock is opening lower than it closed previous dayPattern/risk- For this pattern, look for a stock that has had a big move over a course of days. During premarket see if its gapping down, If it is wait till the market open and short a spike near red to green level. Have Risk on the red to green level.Science behind trade- Everybody that was riding up the stock will now see a gap down which is a huge momentum shift, also anyone who bought the previous day will likely be underwater.Example:***Tuesday is the gap down day***Shorting a guru pickPattern/risk- For this pattern, look to see a random amount of volume come in on a stock, BUT make sure news didn't come out about it. Be familiar with chat rooms in the penny stock game, Twitter is a great tool for that.Science behind trade- Every sheep that chased the chat room buy based on the gurus pick will sell as soon as the guru sells.Example:*** Guru buys at market open? chasers buy alert. Ties in with parabolic short strategy***Shorting a spike into daily resistancepattern/risk- For this pattern, look for a spike into long term daily resistance. The more volume on the daily resistance level, likely the more bag holders. Risk off of the level the daily resistance topped out at. Look for a spike straight up instead of a slow gradual grind.bag holder definition- someone who invest in a penny stock and just holds and hopes.science behind trade- Traders who went long on the stock and couldn't sell before the big crash will look to sell into the pop back to make a small profit or be flat on trade. If a stock goes straight up to the key resistance level, it has a higher chance of stuffing, but a gradual grind up can cerate a breakout over the daily resistance.Example:*** as you can see it has 3 failed spikes when it gets volume, ideally short into the spike and have risk on the day when it failed with the most volume***Shorting a gap & crapPattern/risk- For this pattern, look for a stock that has a history of crapping when it gaps up on news. For best risk point I have found that risking the premarket highs is the best. Short a spike near pre market high at open.science behind the trade- look back on daily chart to see how it acted based on recent gap ups. Familiarize yourself with the way company's can dilute shares into the market. Look into the SEC filings, using CTRL + F key to search on most recent 10-Q, search phrases like u201cat the marketu201d u201cup tou201d u201cwarrantsu201d u201clong term debtu201d to see just how toxic the company is. At the Market offerings are the most toxic way for a company to finance money, usually company's will take full advantage to dilute into the share holders on a gap up.10-Q definition: every quarter of the year, a company has to come out with this filing to stay listed on the NASDAQ market. This filing talks all about the companies financials.Example:***toxic company, with an ATM offering, and along with a bag holder chart***If you have any questions about any of this, please feel free to tweet at me or direct message me here? Jack Kellogg (@Jackaroo_Trades) | Twitter
Where can I find a list of penny stocks?
Penny stock can be found in many places ( Exchanges ), But some of them are good while others are very dangerous. Furthermore some exchanges are reliable while others are very risky.Do not trade Penny stock listed in those Exchanges :The Pink and Grey sheetsThe American stock exchange ( AMEX )The New York stock exchange ( NYSE )Good Exchanges to trade Penny stock :The OTC bulletin board ( OTCBB )The Nasdaq smallcap marketThe Nasdaq national market
What is the meaning of u201cpaini stocku201d?
Penny Stock*A penny stock typically trades outside of the major market exchanges at a relatively low price and has a small market capitalization. These stocks are generally considered highly speculative and high risk because of their lack of liquidity, large bid-ask spreads, small capitalization and limited following and disclosure. They often trade over-the-counter through the OTC Bulletin Board (OTCBB) and pink sheets.The term penny stock has evolved with the market. In the past, penny stocks were stocks that traded for less than a dollar per share. The SEC, however, has modified the definition to include all shares trading below $5.Most penny stocks donu2019t trade on the major market exchanges. However, there are some large companies, based on market capitalization, that trade below $5 per share on the main exchanges like the Nasdaq. An example of a penny stock listed on the Nasdaq is Curis Inc. (CRIS), a small biotechnology company. That said, the typical penny stock is a small company with highly illiquid and speculative shares. The company is generally subject to limited listing requirements along with fewer filing and regulatory standards.Things to Remember About Penny StocksPenny stocks are more suitable for investors with a high tolerance for risk. Typically, penny stocks have a higher level of volatility, resulting in a higher potential reward and a higher level of risk. Considering the heightened risk levels associated with investing in penny stocks, investors should take particular precautions. For example, an investor should have a stop-loss order predetermined before entering the trade, knowing where to exit if the market moves opposite of the intended direction. Investors may lose their entire investment on a penny stock, or more than their investment if they buy on margin.to know more SGX stock picks| SGX stock signals| Stock trading tips| Share Market Tips get 2 days free trial and free expert advice.
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