There are a lot of high-quality penny stock (stocks that trade for under $5 and off of the major market exchange) investments available that you could turn a small amount of money into a small fortune very quickly. However, to discover these you need to know what to look for and what to avoid.small cap stocks

Penny stocks (a.k.a. micro stocks, nano stocks, and micro cap stocks) are high risk and high reward investments that are traded either on pink sheets (over the counter) or on the NASDAQ. These stocks are often volatile and unpredictable, and something defined as one in the morning may not be a penny stock in the afternoon.