what is an OTC stock?

Answer 1

A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" can be used to refer to stocks that trade via a dealer network as opposed to on a centralized exchange. It also refers to debt securities and other financial instruments such as derivatives, which are traded through a dealer network.

Answer 2

OTC is an abbreviation for Over the Counter, which is simply another way to describe the NASDAQ. Since there's no physical location, stocks trade via computer (over the counter).

Originally, the OTC was suppose to be "smaller" stocks, but it has evolved today into a mix of small, medium, and large.

Answer 3

"over the counter" stock isn't subject to as much "checking" as NYSE or NASDAW stocks, and usually for small-cap or companies with stocks under $1.....and there's a reason the stock is so cheap (you won't find the next Microsoft as an OTC stock!)

Answer 4

over the counter stock. it is a stock that is not yet listed in an organized stock exchange. if you would want to buy shares of that stock, you purchase it "over the counter."

this transaction can be done through a broker or manually change the ownership of a stock certificate.

Answer 5

OTC is short for Over-the-counter. It refers to thinly traded shares.

Answer 6

as stated above,

there are plenty of tremendous opportunity's with otc stocks

Answer 7

penny stocks that trade over the counter (OTC) on the NASD

Answer 8

Over the counter

Answer 9

over the counter
I think it is the same as nasdaq
as opposed to nyse stock