I want to buy penny stock

Screening Filters & Rationale

1. Market Cap (max: $2,000,000,000):

   • Purpose: Focus on small-cap companies to align with penny stock characteristics.
   • Rationale: Smaller market cap stocks often have higher growth potential but come with increased risk, suitable for speculative investments.

2. Price (max: $5):

   • Purpose: Target low-priced stocks to meet the definition of penny stocks.
   • Rationale: Stocks priced under $5 are typically considered penny stocks, appealing to investors seeking high-risk, high-reward opportunities.

3. Beta (HighRisk):

   • Purpose: Identify stocks with high volatility for potential rapid price movements.
   • Rationale: High beta stocks are more sensitive to market changes, offering greater potential for short-term gains but with increased risk.

4. Weekly Average Turnover (min: $1,000,000):

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: A higher turnover indicates active trading, reducing the risk of illiquidity in penny stocks.

5. Is Optionable (True):

   • Purpose: Focus on stocks with options available for additional trading strategies.
   • Rationale: Optionable stocks provide flexibility for hedging or leveraging positions, enhancing investment opportunities.