Penny Stocks – Penny Stocks are low cost stocks that usually trade below $2 per share. Penny Stocks are penny stocks for a reason, there is usually something wrong with the company. Penny Stocks are traded on the NASDAQ, NYSE, AMEX, Pink Sheets, and OTC exchange. A lot of penny stocks are volatile and high risk because again, there is something wrong with the company or there is some kind of fraud or scam going on. It’s very rare to find a good penny stock to invest in but every once and awhile a few come along.
Penny Stocks traded on the NASDAQ, NYSE, and AMEX are much better than Pink Sheets and OTC penny stocks. Penny Stocks traded on the OTC and Pinks Sheets are not very regulated thus they don’t have the same reporting requirements as NASDAQ, NYSE, or AMEX. There have been so many scams with pink sheets and OTC penny stocks that I stopped trading them years ago. You are basically gambling because they are easy to manipulate and the companies are usually in really bad shape. Also, they are subject to pump and dump schemes which could wipe out your whole portfolio. Penny Stocks traded on the NASDAQ, NYSE, and AMEX are required to release quarterly earnings reports which at least give investors some kind of transparency.
Penny Stocks to Watch 2020 – Below is a list of the Top Penny Stocks to Watch in 2020. This list of penny stocks rankings in updated weekly. See also – Top Penny Stocks 2020.
Penny Stocks to Watch – 11/25/19 November 25, 2019
1. Grayscale Bitcoin Trust (GBTC)
2. Acreage Holdings (ACRGF)
3. Kaya Holdings (KAYS)
4. Growlife Inc (PHOT)
5. Q BioMed (QBIO)
6. Emisphere Technologies (EMIS)
7. Atacama Resources International (ACRL)
8. CV Sciences, Inc. (CVSI)
9. General Cannabis Corp (CANN)
10. KushCo Holdings (KSHB)
11. Hemp (HEMP)
12. Medical Marijuana (MJNA)
13. Discovery Gold Corp (DCGD)
14. Baristas Coffee Company, Inc. (BCCI)
15. Aslan Pharmaceuticals Ltd ADR (ASLN)
16. Atlantic American Corporation (AAME)
17. CBAK Energy Technology Inc (CBAT)
18. NaturalShrimp (SHMP)
19. Predictive Technology Group (PRED)
20. Cannabis Strategic Ventures (NUGS)