If you’re not using Twitter, StockTwits, LinkedIn and other social media when you invest, you could be making a mistake that could deprive you of potential profits. One big catalyst that came in 2013 was the SEC [Securities and Exchange Commission] began allowing companies to use Facebook and Twitter to communicate information to investors. And they have been using social media as a way of releasing earnings information and significant corporate news.
Stocks, primarily of small scale public companies, that trades at a relatively low price and usually traded over the counter through OTCBB and pink sheets, are called as Penny Stock. There are different parameters to categorize a stock as penny stock in various markets. According to Securities and Exchange Commission, every share below the basic value of $5 is accounted as Penny Stock. Most penny stocks are, however, below $1.