If I but OTC or Pink stocks low, then sell high with the market will someone buy?
I want to buy shares of Pink sheet stock at about .75 cents and then when the market goes up to $1.00, sell them. Does someone or the company have to buy them at market price? If not, what is the market for?
Companies do not buy or sell directly in the market place, they are prohibited from doing so.
In the regulated markets there is always some one ready to buy or sell at a given price
The market price is always set by those in the market, the highest bidder and the lowest offering makes the current market.
The market is the meeting place for those bidding to buy and those offering to sell.
Judging by your question, it would be in your best interest to learn more about the markets and the products traded before you enter into any transaction
Here is some reading material that can get you started in the right direction,
Then try some of these
What Works on Wall Street by James O’Shaunessey
Beating the Street by Peter Lynch
One Up on Wall Street by Peter Lynch
The Warren Buffett Way by Robert Hagstrom
How to Make Money in Stocks” by William O’Neil
24 Essential Lessons for Investment Success by William O’Neil
Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance. (http://moneycentral.msn.com/home.asp http://finance.yahoo.com/ )
While at MSN following the strategy lab analysts to get a feel for what the pros are doing and why. This site has some basic information for beginners. If any site offers free information, take it.
Other website that can provide instructions and help with procedures and terminology are
Investopedia – http://www.investopedia.com/ Stock Charts – http://stockcharts.com/
http://www.investorshub.com/ http://www.1source4stocks.com/, http://www.tradingstocksguide.com/trading-stocks/
Visit some of the more professional websites like Zacks – http://www.zacks.com/
Smart Money – http://www.smartmoney.com/ Schaeffer’s – http://www.schaeffersresearch.com/
Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it.
How to Trade Pink Sheets Penny Stocks