OTC Stocks are stocks traded on the Over the Counter Exchange which is seperate from the NYSE, AMEX, and NASDAQ Exchanges. There are some really good companies listed on the OTC but many of them are scams and pump and dumps so be careful. Below is a list of the Top OTC Stocks to Buy in 2013. These are very high risk so make sure you do your research. I do not own any of these stocks at the current time.
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Top OTC Stocks Picks 2013 – Best OTC Stocks – The best OTC stocks in 2013 are likely to be the Marijuana penny stocks. Since Marijuana became legal in Washington and Colorado after the 2012 election, shares of Cannabis Science, Inc. (CBIS) – Hemp, Inc. (HEMP) – Medical Marijuana, Inc. (MJNA) have been red hot. These 3 penny stocks are ones to watch in 2013. Keep an eye on support and resistance levels and buy them when they break a previous high.
Best OTC Stocks 2013 – For some reason, eLayaway, Inc. (ELAY) stock has been hot in 2012. The layway trend seems to be growing as many retailers add the service. If you are looking to trade OTC stocks in 2013, watch eLayaway, Inc. (ELAY).
eLayaway, Inc., an online payment processor, provides layaway services for merchants and consumers. The company offers eLayaway, a centralized payment processing solution; PlanItPay.com, an eCommerce merchant; Pay4Tix.com, a member-based sports and event tickets payment platform; PrePayGetaway.com, a member-based travel payment platform; and NuVidaPaymentPlan.com, a member-based healthcare payment platform. It also supports member-based shopping exchanges that serve 14 million Federal Government employees, various retailer partners, distributors, and manufacturers; and enables retailers and payment processors with a customizable automated recurring payments administration system to manage layaway, leasing, micro-lending, and layaway-credit hybrid programs, as well as automated clearing house programs. In addition, the company offers Layaway Generator, a prebuilt Web-based application that allows brick and mortar merchants to create and manage custom layaway orders through their eLayaway Merchant Account; and CSPEX, a hosted eCommerce platform for retailers interested in accessing the shopping exchanges offered by the United States government federal agencies, including the armed forces. eLayaway, Inc. was founded in 2005 and is headquartered in Tallahassee, Florida.
See Also – Penny Stock Promotions – Top Penny Stocks 2014