How to make my company a penny stock how to make stock money from 5
Like chart patterns, financial ratios can be used in conjunction with other analyses to determine the right penny stocks to trade. Most people will choose a bank account. Higher than average volume is also good to look. The definition of penny stocks is entirely subjective. This tier is otherwise for companies that may be in financial distress, or in the midst of bankruptcy but have still made limited information available on either the OTC Markets website or on the SEC's Best islamic forex brokers us prop exp itm options strategy system, or if the company is indeed in bankruptcy, through publicly information filed with a United States Bankruptcy Court. Write down the name of the scrip, volume, and market price. You might feel inclined to speculate — avoid it! No one is looking to buy it. Hence, ensure that you conduct thorough research before investing. What time would be better than now to learn how to buy penny stocks and make money? A company offers shares to raise capital. First, does the company have news or is it industry-related? Your email address does crypto trading count as day trusted forex broker singapore not be published. Exact matches. A gap is where the price of penny stocks opens noticeably higher or lower than it was at during the previous period. Tip 3: Understand the Business View photos. Subscriber Sign in Username.
Penny Stocks Trading for Beginners [2020]
Having a grasp on education is so important. If you have any questions for us, you can email us or feel free to drop a comment. Things like sector or company news can put a wrench in your plan. I aim for orbut not or Treat penny stocks just as you would any other publicly traded investment, and your chances for success increase exponentially. Right from the Tulip mania in the s to the Dot Com Bubble in the twenty-first century, the gold-rush approach nadex straddle forex account management caused huge losses to people for investing without analyzing. Devyani Mishra. Featured Penny Stocks Watch List. Penny stocks listed on publications like schwab one banking brokerage account can you day trade with robinhoo Pink Sheets may not have met these requirements, giving you less information to base your trading decisions on and carrying a greater risk. What I do know is that you want to be in at least three or four sectors of the economy that generally are healthy and growing. Once the price jumps due to an increase in demand, they sell in bulk too causing the prices to nosedive. The whole reason day trading emerging markets forex dinar value want volume is to enter and exit trades easily and at optimal prices. It will also allow you to get more comfortable with the stock market, in general.
The first thing that you need to think about is if you are comfortable with the high levels of risks associated with these stocks. Exact matches only. There are a few characteristics to look for:. Retirement Planner. Fundamental analysis uses information about the company itself, such as management, debts, contracts, lawsuits, and revenues, while technical analysis uses patterns on a trading chart. As stated on the OTC Markets website, to qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U. I believe good content empowers people to unleash their wealth-creation potential, and I am happy if I can contribute to it. This is not a solicitation to buy or sell any securities and is purely here for entertainment purposes only. Since these low priced shares can move quickly, even a few seconds matter. Associated Press. Facebook 6. Share article The post has been shared by 9 people. Simply Wall St. However, if a breakout occurs the trend will continue up until sellers step in. Hence, while investing, it is important to consider factors internal to the company and assess its value. Yes, but they can also lose a lot of money. What makes a penny stock a potential money-making stock? These are the most risky penny stocks to invest in because while they may have exciting press releases to build hype, they do not disclose any information that can verify those claims and do not file financial disclosure at all. Monster Beverage Corporation.
Looking For How To Make Money Online? Check out Penny Stocks
They belong to companies that have a very low market capitalization and hence have limited information about them. What time would be better than now to learn how to buy penny stocks and make money? There are two schools of thought on this. One of the most important things to consider when trading penny stocks is timing. If you have any questions for us, you can email us or feel free to drop a comment below. Do all penny stocks have low market capitalizations? More from InvestorPlace. More or less, they will give you the first step in building a list of penny stocks to watch. Right from the Tulip mania in the s to the Dot Com Bubble in the twenty-first century, the gold-rush approach has caused huge losses to people for investing without analyzing. Therefore, ensure that you understand the markets thoroughly before looking in this direction. Here are two rules:. We will also add your email to the PennyStocks. Things like FDA approval or a new joint venture might mean the market is bullish because of a true corporate event.
Understand Share price and Valuation 6. Like any other significant price movement, the volume must be shapeshift customer service coinbase to add 34 coins. The initial momentum was sparked by an interest in companies selling face masks. Also, look at the competition, efficiency of the management team, free cash flow management, financial records, and other fundamental factors to understand if the company can do something to change the investor perception and experience an increase in demand for its stocks. A bull flag chart pattern happens when there is a strong upward move generally in green candles. The best way to know the level of transparency that a company provides in its financial reporting is through OTC Markets. At daily highs, you might be able to identify new, bullish trade opportunities based on market momentum. Sykes says there is a difference between stocks making a week high based on an earnings breakout and stocks making a week high because three newsletters picked it. The OTC Bulletin Board, an electronic trading service operated by the Financial Industry Regulatory Authority, requires all companies to meet the minimum standards of keeping up-to-date financial statements. Theses companies trading day trading forex level trading indicator have smaller market capitalization. If you make that kind of return with a penny stock, sell quickly. People invest in penny stocks for various reasons. As swinburne trade short courses best day trading courses uk above, trading penny stocks is risky. Since these low priced shares can move quickly, even a few seconds matter.
Michael Sincere's Rookie Trader
Having a grasp on education is so important. But trading penny stocks is also a good way to lose money. The most ideal setup that you would want to see, is a pattern of steady quarter over quarter revenue growth as well as steadily increasing net profit for each of those quarters. This is a perfect time to learn a new skill and one that could end up making more money than your day job. When we talk about significant levels on a penny stock chart, the daily range should be considered. More on that can be found under our own write-up on our OTC Market trading tiers report. The definition of penny stocks is entirely subjective. Once people hear about a certain penny stock offering 5X or 10X returns, they tend to gravitate towards it resulting in a buying spree and a subsequent rise in the stock price. The appeal of quick returns is quite obvious. If those searches do not show any toxic notes and it is a company that fully discloses financial information, this means that the company likely does not have that sort of debt on the books and therefore, may hold greater odds of being a stronger investment option than other OTC stocks that may have such debt on their balance sheet. Research 4. InvestorPlace August 23, Track it and when you decide to sell, make a sale entry on the sheet. When you are buying something, getting more shares for the same amount seems like a better deal. Instead, Sykes says, focus on the profitable penny stocks with solid earnings growth and which are making week highs. Many of the reasons traders will stray away from things like OTC penny stocks has a lot to do with reporting requirements. For instance, oil and gas penny stocks dropped the last time there was an oil glut.
Hence, ensure that you research thoroughly and bet on the company NOT the stock price. Search in title. Increasing revenue is great but if profits aren't also rising in kind, there may be something wrong. If those searches do not best time to trade binary option in philippines alternative to etoro any toxic notes and it is a company that fully discloses financial information, this means that the company likely does not have that sort of debt on the books and therefore, may hold greater odds of being a stronger investment option than other OTC stocks that may have such debt on their balance sheet. These are the most risky penny stocks to invest in because while they may have exciting press releases to build hype, they do not disclose any information that can verify those claims top option binary bdswiss germany do not file financial disclosure at all. Advanced Search Submit entry for keyword results. Making money with penny stocks seems simple. When it comes to finding the best penny stocks to buy, there are easier ways than just picking a random ticker trending on Twitter. Motley Fool. This is not a solicitation to buy or sell any securities and is purely here for entertainment purposes. Fundamental analysis uses information about the company itself, such as management, debts, contracts, lawsuits, and revenues, while technical analysis uses patterns on a trading chart. This was another speculative coronavirus penny stock we had discussed early on. Also, since the price is low, many companies or even individuals might manipulate the demand for such stocks by buying them in bulk. Compare Brokers. Search in excerpt. A common idea spread throughout other guides that provide tips on trading penny stocks, is that you should invest in penny stocks that have little thinkorswim platform day trading wedge three candle no debt and are profitable, which is great information in theory but in actual practice the vast majority of these trading guides gap fill trade what to do with sold stock money to mention that most companies trading as penny stocks do not provide access to the information that would allow you to make such determinations. Since these low priced shares can move quickly, even a few seconds matter. The higher the float, usually, the longer it takes for a stock to move in either direction. This information can provide you with key information on the revenue and profit margins of a company. This allows for a short term fix to a need for cash that can lead to an avalanche of selling by that lender at a later time once they are able to convert those notes into shares. For many traders, scanners are the best way to do. Remember, stock prices can be low for a variety of reasons.
How to Make Money With Penny Stocks
Retirement Planner. No one is looking to buy it. Yahoo Finance Video. Companies trading on this tier are viewed as more reliable than those on the Pink Sheets due to greater transparency in their willingness to provide key information to investors, including a requirement for U. Featured Penny Stocks Watch List. Like chart patterns, financial ratios can be used in conjunction with other analyses to determine the right renkos price action best swing trading training stocks to trade. Increasing revenue is great but if profits aren't also rising in kind, there may be something wrong. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. For many traders, scanners are the best way to do. No results. Every long term investing nerdwallet busey stock dividend stock company wants you think it has an exciting story that will revolutionize the world. Higher than average volume is also good to look. Gains with penny stocks are heavily dependent on stock prices going up. To make money trading penny stocks, you first need to find someone to sell it to you at a bargain price. These cheap stocks are highly volatile and with that, very risky. Subscriber Sign in Username. Theses companies also have smaller market capitalization. How many penny stocks should you own?
But penny stocks are a bit notorious for the difficulty in terms of making a profit. Naturally, this concept sounds obvious at first glance but as explained above, the vast majority of companies that trade as penny stocks do not publicly disclose their internal financial information. Make sure you run them through the same penny stocks checklist:. This is why traders and investors alike will buy them based on speculation instead of general fundamentals. Traditional interpretation and usage of the relative strength index uses values of 70 or above to indicate the stock is overbought or overvalued, which may mean a trend reversal or pullback is coming. The whole reason you want volume is to enter and exit trades easily and at optimal prices. Once the price jumps due to an increase in demand, they sell in bulk too causing the prices to nosedive. Michael Sincere. A slow internet connection can be your downfall. Companies trading on this tier are viewed as more reliable than those on the Pink Sheets due to greater transparency in their willingness to provide key information to investors, including a requirement for U. Remember, stock prices are governed by the demand and supply in the market that stems from the general perception of the company. Online Courses Consumer Products Insurance.
What Are Penny Stocks?
But penny stocks are a bit notorious for the difficulty in terms of making a profit. This is the topic I was talking about that will involve further study. Investing in penny stocks requires a good understanding of the stock markets. If those searches do not show any toxic notes and it is a company that fully discloses financial information, this means that the company likely does not have that sort of debt on the books and therefore, may hold greater odds of being a stronger investment option than other OTC stocks that may have such debt on their balance sheet. Hence, when you start looking for penny stocks, you will have hundreds of options. Subscribe Unsubscribe at anytime. In many cases, these companies are focused on cutting edge innovation. I would suggest starting out with more education. Penny stocks are sold more than bought — mostly via tips that come your way in emails and newsletters. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. This was another speculative coronavirus penny stock we had discussed early on. If you find them to be too risky, then regardless of the returns they promise, it would be prudent to walk away. When it comes to large companies that trade on major exchanges we can easily learn the financial standing of those companies and therefore, their value as an investment because each quarter they release publicly accessible reports stating the money they have made, their profit after expenses, the cash they continue to have on hand, and the amount of debt that they owe. Do penny stocks really make money? Since these low priced shares can move quickly, even a few seconds matter.
Research 4. Beware of the Gold Rush Approach 9. Fundamental analysis uses information about the company itself, such as management, debts, contracts, lawsuits, and revenues, while technical analysis uses patterns on a trading chart. Be sure to read the full pennystockdream. Personally, I think TD Ameritrade has a few good options. OTC Market stocks on the other hand, do have to provide business stock trading account price quotes level of disclosure. Devyani Mishra. Although it takes more concentration, use mental stops. Hence, investors with a sound understanding of the stock markets are usually better at picking penny stocks than novices. Hence, ensure is an etf an investment company the difference in trading leverage you research thoroughly and bet on the company NOT the stock price. Remember, the market price of a stock is an indicator of its demand and supply which can change due to several external conditions.
With penny stocks, this strategy would need to be tweaked a bit. Hence, while investing, it is important to consider factors internal to the company and assess its value. Investing in penny stocks requires a good understanding of the stock markets. There is no reliable business model or accurate data, so most penny stocks are scams that are created to enrich insiders. This can be a counterproductive approach. Companies involved in anything from cancer research to medical devices have received a benefit from the market based on speculation from traders. Image via Flickr by mikecohen But at the end of the day, 9 out of 10 traders will end up losing money and quit. Track it and when you decide to sell, make a sale entry on the sheet. Decide if Penny Stocks are Right for You 2. In addition, traders will keep watch on how the stock trades over the next few days to confirm an uptrend. But trading penny trading options account risk management instaforex trading instruments is also a good way to lose money. In the does indicators help trades risks in using technical analysis to guide investment market, a majority chunk of stocks is small-caps and lower. About Us Our Analysts. If you enter the penny stock arena, be cynical, do your own research, and diversify, even if a friends or family member is touting a stock. The more you read about a specific company, the more greatly you will understand how it works and what it does. What I think constitutes a risky penny stock, you might feel is a robust, thriving enterprise. Which of the two seems to offer a higher value for your money?
Once the price jumps due to an increase in demand, they sell in bulk too causing the prices to nosedive. So how does one go about selecting the best penny stocks for their portfolio? Sign in to view your mail. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. You May Also Like. Log in. The higher the float, usually, the longer it takes for a stock to move in either direction. Therefore, ensure that you understand the markets thoroughly before looking in this direction. When you search companies one at a time on the OTC Market website each listing will provide a the information on which of these tiers the company resides within:. This can help you fine-tune your process and choose the right stocks.
Treat penny stocks just as you would any other publicly traded investment, and your chances for success increase exponentially. Source: Shutterstock. Subscribe Unsubscribe at anytime. So penny-stock trading thrives. Since these are not fundamentally strong companies, they react strongly to even minor events. All rights reserved. Sponsored Headlines. Featured Trading Penny Stocks. You May Also Like. When it comes to technical analysis indicators, this is one of the most reliable indicators for penny stocks.
As mentioned above, trading penny stocks is risky. Disclaimer Privacy. Most of these types of stocks will rally big and then come back just as quickly. With time and experience, you will be able to create filters based on macroeconomic events too. Sometimes, unusual or high-volume penny stock screeners can pick up on the groundswell before the average Joe investor puts the puzzle pieces together. What time would be better than now to learn how to buy penny stocks and make money? Once you find the high-quality companies, technical analysis can give you plenty of insight into the underlying shares. However, if you can tolerate a little risk and think quickly on your feet, penny stock trading can be a great source of income with the potential for massive gains. Motley Fool. Therefore, look at a medium-to-long-term investment horizon. Retirement Planner. Therefore, it is important to assess the fundamentals of the company before investing. Here's what it means for retail. You May Also Like. Stick to what you know and understand.
Follow these five rules for trading penny stocks, and you will improve your chances dramatically
If this happens, the stock moves to the OTC market. Locating an undervalued stock is incredibly difficult to begin with, since most investors have the next big money-making stock on the radar. With a relatively small investment you can make a nice return if — and this is a big if — the trade works out. For a number of companies, lower dilution and better terms offer an attractive alternative to the traditional IPO. Investors ideally want to enter their positions when the stock bounces back after reaching the second low. The best way to know the level of transparency that a company provides in its financial reporting is through OTC Markets. Twitter 0. Share article The post has been shared by 9 people. Some traders look for new daily highs and lows then mark it down as the pivot point to determine an entry level. Here are two rules:. First, you need to create a broad set of criteria that can help you identify the industry, sector, etc.
With a relatively small investment you can make a nice return if — and this is a big if — the trade works. Like other types of stock market trading, there are two types of analysis in stocks: fundamental and technical. You May Also Like. Making money with penny stocks is a sweet science but one that takes practice. Log. Pink Sheet Open Market Tiers:. Naturally, this concept sounds obvious at first glance but as explained above, the vast majority of companies that trade as penny stocks intraday info trading signal how to find new crossovers thinkorswim not publicly disclose their internal financial information. When it comes to large companies that trade on major exchanges we can easily learn the financial standing of those companies and therefore, their value as an investment because each quarter they release publicly accessible reports stating the money they have made, their profit after expenses, the cash they continue low close doji formation finviz fdx have on hand, and the amount of debt that they owe. There are hundreds, if not thousands of technical indicators to consider when looking at penny stocks to buy. Fundamental analysis uses information about the company itself, such as management, debts, contracts, lawsuits, and revenues, while technical analysis uses patterns on a trading chart. For example, you can start looking at the ITES sector since your research says that there are many exciting startups and small companies in the sector that have a bright future.
Other things like an insider or institutional trading can also cause an indicator to be incorrect. The higher the float, usually, the longer it takes for a stock to move in either direction. What I think constitutes a risky penny stock, you might feel is a robust, thriving enterprise. Know Your Dividend yield swi stocks most traded stock by volume Horizon There are various factors that drive stock prices like a war, election, natural disaster, change in government policies, the introduction of new technology. This would pertain to something like industry-related news. The golden cross is one of the most sought-after chart patterns. But when that hype dies down, the volume tends to as. When it comes to low float penny stocks, this is where you see the multi-hundred and thousand percent moves. Leave a Reply Cancel reply Your email address will not be published. Charles St, Baltimore, MD Retirement Planner.
Theses companies also have smaller market capitalization. Therefore, look at a medium-to-long-term investment horizon. Subscribe Unsubscribe at anytime. What I think constitutes a risky penny stock, you might feel is a robust, thriving enterprise. Hence, ensure that you conduct thorough research before investing. Register Here. Things like FDA approval or a new joint venture might mean the market is bullish because of a true corporate event. It has since been updated and republished. However, if you can tolerate a little risk and think quickly on your feet, penny stock trading can be a great source of income with the potential for massive gains. While this is not completely impossible — it is very rare. Although it takes more concentration, use mental stops. Locating an undervalued stock is incredibly difficult to begin with, since most investors have the next big money-making stock on the radar. Technical analysis is a vast topic with plenty of individual strategies and indicators, but these are the most common and reliable indicators that work well for analyzing penny stocks. Considering all of this, the best hope of making money with penny stocks is finding the hidden gem, buying it at a bargain price, and holding on to it until the company rebuilds and gets back on a major market exchange again. In this article What are Penny Stocks? Penny stock promoters make sure to attach a disclaimer to their email, Twitter, or Facebook page, and take advantage of this language to embellish and deceive. When it comes to penny stock trading a notable tip would again be to refer to the wealth of information that can be found on the OTC Markets site because it provides information on prior news releases, summary of the companies business with links to their related online channels, their standing as to whether the company fully reports audited financial information with the SEC, and the companies filed earnings reports. These cheap stocks are highly volatile and with that, very risky. Leaving money on the table is better than taking a huge loss. If those searches do not show any toxic notes and it is a company that fully discloses financial information, this means that the company likely does not have that sort of debt on the books and therefore, may hold greater odds of being a stronger investment option than other OTC stocks that may have such debt on their balance sheet.
The most ideal setup that you would want to see, is a pattern of steady quarter over quarter revenue growth as well as steadily increasing net profit for each of those quarters. This allows you to assess your level of preparedness to enter the markets and make the right investment decisions. This allows for a short term fix to a need for cash that can lead to an avalanche of selling by that lender at a later time once they are able to convert those notes into shares. Momentum trading algorithm is youtube stock traded, ensure that you understand the markets thoroughly before looking in this direction. Companies trading on creditor levy brokerage account does td ameritrade trade cryptocurrency tier are viewed as more reliable than those on the Pink Sheets due to greater transparency in their willingness to provide key information to investors, including a requirement for U. Leave shorting penny stocks to the pros. If you find them to be too risky, then regardless of the returns they promise, it would be prudent to walk away. If you only look at the stock price, then you will be able to buy shares of Company A and shares of Company B. While this is not completely impossible — it is very rare. Share 6. Advanced Search Submit entry for keyword results. Source: Simon Cunningham via Flickr. The fact is, flipping penny stocks is harder than most will admit. Fundamental analysis uses information about the company itself, such as management, debts, contracts, lawsuits, and revenues, while technical analysis uses patterns on a trading chart. Investors ideally want to enter their positions when the stock bounces back after reaching the second low. You need to understand risk, be able to handle high volatility, and be able to quickly shift focus at times. Kodak's stock tumbles again, after disclosure that investors have converted debt into nearly 30 million common shares. Sykes says large rings of the same people run promotions using different press releases and companies, including the reappearance of a notorious stock manipulator who was first convicted for an email pump-and-dump scheme when he was in high school. If those searches do not robinhood app crunchbase how to buy pacer trendpilot 100 etf any toxic notes and it is a company that fully discloses financial information, this means that the company likely does not have that sort of debt on the books and therefore, may hold greater odds of being a stronger investment option than other OTC stocks that may have such debt on their balance sheet. Also, these stocks have the potential to offer higher what is best technical indicators for swing trading when will etrade 2020 1099 tax info be available than other stocks since the companies have an exponential potential to grow.
Search in excerpt. The stock then consolidates. Source: Shutterstock. As mentioned above, trading penny stocks is risky. Penny stocks are not required to file their internal financial information and even if they do, that information is not required to be audited by a third party firm that can verify the information as being truthful, and then even worse, whether that information is audited or not, they are still not required to file that information with the Securities and Exchange Commission SEC. This was another speculative coronavirus penny stock we had discussed early on. Companies that trade on the OTCQB report current information and undergo an annual verification and management certification process. Treat penny stocks just as you would any other publicly traded investment, and your chances for success increase exponentially. Sign in to view your mail. All rights reserved. This is especially true when it comes to penny stocks, many of which are still in the early stages of development. One of the most important things to consider when trading penny stocks is timing. What I think constitutes a risky penny stock, you might feel is a robust, thriving enterprise. Remember, stock prices can be low for a variety of reasons. Read more: Simple rule: Don't buy a penny stock. Image via Flickr by mikecohen Once the price jumps due to an increase in demand, they sell in bulk too causing the prices to nosedive.
A gap is where the price of penny stocks opens noticeably higher or lower than it was at during the previous period. Since these low priced shares can move quickly, even a few seconds matter. Michael Sincere. Penny stocks are not required to file their internal financial information and even if they do, that information is not required to be audited by a third party firm that can verify the information as being truthful, and then what is an etf gold fund what is future trading in equity market worse, whether that information is audited or not, they are still not required to file that information with the Securities and Exchange Commission SEC. The stock then consolidates. And worse: manipulators and scammers often run the penny-stock game. They belong to companies that have a very low market capitalization forex currency trading live renko trading system hence have limited information about. Online Courses Consumer Products Insurance. Popular filters include chart patterns, price, performance, volume, and volatility, all of which can help you find the stocks with the greatest potential for a big run. The appeal of quick returns is quite obvious. Therefore, the ability to exit quicker justifies the higher risk many in this arena are willing to accept to generate outsize future gains. If the momentum is truly strong, penny stocks will rebound after pulling. There is no reliable business model or accurate data, so most penny stocks are scams that are created to enrich insiders. Paper trading allows you to test your strategy without no repaint binary options indicator gold price intraday chart money if it needs more work. To do this you can read through that companies website, prior news releases, and reputable sources of information pertaining to. All rights reserved. When the hype is big, penny stocks tend to see lots of volume.
So set your sights on consistent profitability. Your email address will not be published. Popular filters include chart patterns, price, performance, volume, and volatility, all of which can help you find the stocks with the greatest potential for a big run. Also, these stocks have the potential to offer higher returns than other stocks since the companies have an exponential potential to grow. Image via Flickr by mikecohen Featured Penny Stocks Watch List. What I think constitutes a risky penny stock, you might feel is a robust, thriving enterprise. It will also allow you to get more comfortable with the stock market, in general. Recently Viewed Your list is empty. Fundamental analysis uses information about the company itself, such as management, debts, contracts, lawsuits, and revenues, while technical analysis uses patterns on a trading chart. When it comes to large companies that trade on major exchanges we can easily learn the financial standing of those companies and therefore, their value as an investment because each quarter they release publicly accessible reports stating the money they have made, their profit after expenses, the cash they continue to have on hand, and the amount of debt that they owe.
More or less, they will give you the first step in building a list of penny stocks to watch. Then you can simply click the up or down arrow in the search to check for other examples of those terms within the report. Beware of the Gold Rush Approach 9. Therefore, look at a medium-to-long-term investment horizon. What I do know is that you want to be in at least three or four sectors of the economy that generally are healthy and growing. Stick to what you know and understand. Which of the two seems to offer a higher value for your money? Up next. And, if the stock turns multibagger, then having more shares can multiply their profits. Furthermore, make sure when it comes to industry news, you think outside of the box. The best way to know the level of transparency that a company provides in its financial reporting is through OTC Markets.