Where do I buy penny stocks? Before we ask ourselves this question, we must first identify what the penny stocks are. Penny stocks, as defined, are those stocks that are sold at a very low price of less than $5 per share. This is the reason why a lot of people still opt to invest in such stocks, because owning plenty of shares is made possible even if the stock investors have a very small amount of money as capital.

Penny stocks are not sold in major stock markets. They are listed in over-the-counter markets and pink sheets markets. The companies that are listed in pink sheets markets, however, are not required to file financial reports with the Securities and Exchange Commission (SEC), thus, they are riskier to invest. Penny stocks may be bought through online trading, with the assistance of an online discount broker.

This is a simple process to buy penny stocks, however, we must take extra caution in choosing which stocks to buy. We can research on several penny stocks that are available for sale through online forums, newsletters, and news sites.