What is a penny stock?
Penny stocks are almost an opposite of a blue chip stock. They are defined as common shares of a public company that trade at low price per share (less than USD 5聽or GBP聽1).
Penny shares are highly volatile, very risky and certainly not as stable as blue chips. Frequently such companies are new on the market, so investors are mostly interested in penny stocks because of high possible gains in a very short聽time.
Trading penny stocks
If you want to buy and sell penny stocks, the best way is to use an online trading platform that would allow you to quickly buy or get rid of some stocks. Be aware that although penny stocks seem low in price, it's聽very easy to start day trading and buying thousands of these high-risk shares.
List of penny stocks
Following penny stocks list was derived from NASDAQ listing. Most active stocks, priced under five dollars. Ordered by Volume. As of January 16,聽2013.
|NASDAQ Symbol||Company Name||Price in USD|
|PLUG||PLUG POWER INC||3.55|
|DCTH||DELCATH SYSTEMS INC||0.39|
|CHTP||CHELSEA THERAPEUTICS INTL LTD||4.7|
|AMRN||AMARIN CP PLC||2.26|
|RSOL||REAL GOODS SOLAR INC||4.33|
|GERN||GERON CORPORATION (DELAWARE)||4.26|
|DVAX||DYNAVAX TECHNOLOGIES CP||2|
|CTIC||CELL THERAPEUTICS INC CDT-COM||3.2|
|RFMD||RF MICRO DEVICES INC||4.84|
|BLDP||BALLARD POWER SYSTEMS INC||2.41|
|FCEL||FUELCELL ENERGY INC||1.64|
|NIHD||NII HOLDINGS INC||2.4|
|GLUU||GLU MOBILE INC||3.92|
|ACHN||ACHILLION PHARMACEUTICALS INC||3.98|
|CPST||CAPSTONE TURBINE CP||1.59|
|MTSN||MATTSON TECHNOLOGY INC||2.94|
|HSOL||HANWHA SOLARONE CO LTD||3.2|
|PPHM||PEREGRINE PHARMACEUTICALS INC||1.7|
|NEWL||NEWLEAD HOLDINGS LTD||1.38|
|WPCS||WPCS INTL INC||1.89|
|APPY||ASPENBIO PHARMA INC||2.79|
|AMCN||AIRMEDIA GROUP INC||2.26|
|ACLS||AXCELIS TECHNOLOGIES INC||2.37|
|AEZS||AETERNA ZENTARIS INC||1.28|
|DARA||DARA BIOSCIENCES INC||0.76|
|ATEC||ALPHATEC HOLDINGS INC||2.25|
|ZIOP||ZIOPHARM ONCOLOGY INC||4.46|
|IDRA||IDERA PHARMACEUTICALS INC||4.44|
|SLTM||SOLTA MEDICAL INC||2.93|
|EGLE||EAGLE BULK SHIPPING INC||4.43|
|SPRT||SUPPORT SOFT INC||3.03|
|BGMD||BG MEDICINE INC||1.28|
|ATRS||ANTARES PHARMA INC||4.9|
Where to find more inspiration
There are many blogs and forums that discuss penny stocks. You can find useful tips for hot stocks, lists of penny stocks or warnings for the worst loosers.