When the market crashes, im going to penny stocks....
Why not just buy a few hunderd dollars of some stock at .0001-.0003 and see what happens?
>ill gamble a little in penny stocks.
And all it is is gambling. You'll never be sure you're going to make money, and in fact you'll be orders of magnitude less sure than you could be with actual investing.
the only two pennystocks right now that are in that price range and have a potential for real valuation are quiksilver and american apparel, but both are in monstrous debt.
read about all the other penny stocks, you'll find out they are companies basically ran out of their parent's basement
Your knowledge on the markets is very extensive anon.
OP, there are some decent OTC tickers out there. But, generally it is a good idea to stay away from the pink sheets.
If you are in the mood for a gamble your best bet is micro/small cap biotechs that trade on the normal markets. High risk high reward without the OTC stigma.
OP is talking about stocks literally in the fractions of a single cent, i'd say that my suggestions are a little more along the lines of something he's looking for (1 cent a share) than a stock that is $2-$3/share like what you have suggested, imo.