Penny stock picks are the top listing stocks among penny stocks. Penny stocks, otherwise known as small cap stocks and micro cap stocks, refer to stocks that are sold for less than one dollar per share.

Penny stocks are not generally listed on major stock exchanges such as the New York Stock Exchange (NYSE) and the American Stock Exchange (AMEX). All penny stocks are traded over-the-counter (OTC) or on the pink sheet. Though risky, penny stocks are popular among speculators. The main advantage of penny stocks is they don't require a huge investment to get started. Sometimes, penny stocks have the ability to turn a small investment into a big fortune. Dilution, equity and market risks, low visibility, low tradability, stock hype, and volatility are some of the major drawbacks of investing in penny stocks.

The assistance of a professional stock broker, information given in penny stock newsletters, or one's own discretion can assist in selecting profitable penny stocks. It is always advisable to trade penny stocks listed on the reputable stock exchanges such as Nasdaq SmallCap and Nasdaq National. Further, investing one?s entire finances in one stock is not advisable.

The financial stability of the company, good trading volume, and strong business plans are also factors to consider with regard to penny stock picks. In addition, an investor should be aware of all possible dangers involved in the investment of penny stocks, particularly in the form of free stock picks. It is, therefore, evident that the more one spends for a newsletter or other related resources, the more likely it will include quality penny stock picks.

Convicted spammer escapes from prison (Infomatics)

Convicted spammer Edward "Eddie" Davidson has escaped from a federal prison camp after serving just five weeks of a 21 month sentence. Davidson was convicted of sending millions of spam messages promoting penny stocks which he then traded when the price rose.

Several state banks' stocks tumble to 'penny stock' levels (BizJournals)

A number of Alabama-based banks' shares are considered "penny stocks" - a moniker given to a company with shares trading below $5.

'Spam King' escapes from federal prison in Florence (Rocky Mountain News)

The man known as "The Spam King" walked away from a minimum-security federal prison Sunday in Florence and was last seen in Lakewood.

The Crack Up Boom, Part V (GoldSeek.com)

As we look out over the next six months what we see will be extraordinary. The opportunities for prepared investors have never been brighter as the unfolding volatility will be incredible. “Volatility is Opportunity ” for the prepared investor and it will arrive in spades.

Convicted spammer escapes from prison (VNU Net via Yahoo! UK & Ireland News)

Convicted spammer Edward 'Eddie' Davidson has escaped from a federal prison camp after serving just five weeks of a 21-month sentence.

`There`s no backtracking on NMCE deal` (Business Standard India)

The Bombay Stock Exchange (BSE) has seen some major changes at the top, with chairman Shekhar Datta and industrialist Jamshyd Godrej, both members of the exchange's governing board, and CEO Ashok Kumar Raut resigning in quick succession.

'Spam King' walks away from Florence prison, last seen in Lakewood (Rocky Mountain News)

Edward "Eddie" Davidson, known as "The Spam King," walked away from a minimum-security federal prison Sunday and was last seen in Lakewood.