[mage lang="" source="flickr"]penny stock nyse[/mage]
I want to buy a Pink Sheet penny stock today but I can’t find a broker?
The stock is not on the NYSE, NASDAQ, AMEX, etc. What type of brokerage handles very small companies’ stocks?
All registered broker/dealers can trade in the OTC market.
All B/Ds service their clients by executing orders for them in the OTC market, however, most reputable firms would prefer their clients not trade in penny stocks.
Penny stocks do not trade in a regulated market, the cost for the firm is costly in executing, clearing and storing penny stocks. All this, many will execute orders as a courtesy for their clients.
Penny Stock – Always Expect to Lose 100%