2. The Difference Between OTC, NASDAQ & NYSE Penny Stocks
When it comes to NASDAQ and NYSE penny stocks, the exchanges will require the companies to keep their prices above $1. In the event shares dip below that level, the exchange may end up delisting that penny stock, which would then trade on the OTC.
Are OTC Penny Stocks bad? No, they aren’t “bad” but you should understand that you may need to do a bit more research before buying them.