Can i buy pink sheet stocks on etrade

Can i buy pink sheet stocks on etrade

By: horal Date of post: 03.06.2017

Penny stocks are securities that sell for less than a dollar a share on electronic exchanges such as the OTC Bulletin Board.

Wendy Kirkland

Although the inexpensive share prices may seem attractive, these are typically risky and volatile investments in smaller and start-up companies. Because they occupy a rather obscure corner of the financial markets, with little if any coverage from analysts, they are also subject to price manipulation.

can i buy pink sheet stocks on etrade

If you want to dive in, however, an individual trading account on E Trade is one way to go. Open an account online or via a paper application.

You will need to give your name and contact information, as well as your Social Security Number, date of birth, employer name and address, and a bank account routing number for deposits and withdrawals.

You fund the account directly from your bank, and the site will allow you to practice trade on its platform if you need time to get the hang of it.

Click on the "Research" tab at the top of the E Trade home page, enter the ticker symbol and check the company financials and the daily market price. E Trade provides a fairly robust set of stats and opinions on individual stocks, although professional opinion on a penny stock issue may be thin or nonexistent.

Etrade Penny Stocks

When you're ready, go to your portfolio page, click on Orders, and enter the number of shares you're buying or selling. The screen will calculate your total cost including commission.

can i buy pink sheet stocks on etrade

Once you've confirmed everything, hit the execute button, and the order should fill. Home Investing General How to Buy Penny Stocks on eTrade. How to Buy Penny Stocks on eTrade.

Use E-Trade or another Online Broker? Beware of “Pink Sheets” Market - Sprott Global Resource Investments Ltd.

Share Share on Facebook. Investing in volatile and risky penny stocks can resemble riding a financial roller coaster.

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How to find and buy penny stock with etrade

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