Be skeptical of "hot tips" or social media hype. Penny stocks are prime targets for pump-and-dump schemes , where promoters artificially inflate prices before selling off their shares.
Choose a broker that supports Over-The-Counter (OTC) trading. to buy penny stocks
AI responses may include mistakes. For financial advice, consult a professional. Learn more Trading penny stocks - Fidelity Investments Be skeptical of "hot tips" or social media hype
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Information is often scarce. Verify company filings through the SEC's EDGAR database.
Focus on higher-tier OTC markets like , which have stricter disclosure requirements. Execute the Trade