One good way to determine your penny stock selection criteria is to use a news service like Businesswire.com.

This is a news service that collects press releases from public and private companies and then sends out the release on its business wire. Publications can then decide which releases they want to use in their business news sections. As an individual penny stock investor you can also log in to the service and read all the daily press releases yourself. Information direct from the companies.

Naturally you will not want to read every single article so it is important that you filter the information by using relevant keyword phrases in your article searches. As you are primarily interested in penny stocks you could start with a keyword phrase including OTC.

You may want to couple that with the industry name you are interested in, for example, ‘OTC Mining’. You certainly want to refine your search beyond ‘penny stock’. Scan the article headlines and read the articles that interest you. Then do a further search using the company name.

Try to get into the habit of scanning the press releases on a daily basis, preferably first thing in the morning.

Dave J

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