Under $0.25

Screening Filters

1. Price: min = 0.01, max = 0.25

   • Purpose: Capture very low‑priced “penny stocks” trading below $0.25 per share.
   • Rationale:
     • Your request explicitly says “penny stocks under $0.25”, so the upper bound of $0.25 directly enforces that cap.
     • The lower bound of $0.01 excludes essentially non‑tradable quotes at $0.000x and avoids many tickers that are functionally shells or inactive, while still including extremely cheap names.

2. Market Capitalization: min = 20,000,000, max = 500,000,000

   • Purpose: Focus on smaller companies that are still operating businesses, not pure shells or near‑zero market cap entities.
   • Rationale:
     • Penny stocks are, by definition, usually small‑cap or micro‑cap. Capping market cap at $500M keeps us in that realm.
     • A minimum of $20M helps filter out the most distressed, illiquid, or questionable listings (e.g., shells, companies on the verge of delisting). This doesn’t make them “safe,” but it raises the bar very slightly on basic company size/viability.

3. Monthly Average Dollar Volume: min = 500,000

   • Purpose: Ensure the stocks trade at least about $500K worth of shares per month, improving basic liquidity.
   • Rationale:
     • Many sub‑$0.25 stocks barely trade. Very low liquidity makes it hard to buy or sell without moving the price or getting stuck.
     • Requiring at least $500K in average monthly dollar volume aims to surface names where there is at least some ongoing market participation, so quotes are more meaningful and execution is more feasible.

4. Listed Exchange: ['XNYS', 'XNAS', 'XASE'] (NYSE, NASDAQ, NYSE American)

   • Purpose: Limit results to U.S. major exchanges instead of OTC (over‑the‑counter) markets.
   • Rationale:
     • You specified “US market”. The primary U.S. equity markets are NYSE, NASDAQ, and NYSE American.
     • These exchanges enforce listing standards (financials, reporting, governance) that are generally more stringent than OTC. That doesn’t remove the risk of penny stocks, but it does filter out many of the most opaque or lightly regulated names.

5. Region: ['United States']

   • Purpose: Restrict companies to those traded in the U.S. region.
   • Rationale:
     • This aligns with your “US market” requirement by focusing on U.S.-listed securities and avoiding foreign primary markets.
     • In combination with the exchange filter, this ensures we are looking at U.S.‑traded penny stocks.

Why Results Match Your Request

• “Penny stocks under $0.25”:

  • The price filter (0.01–0.25) directly implements your maximum price requirement for sub‑$0.25 stocks.

• “In the US market”:

  • The exchange filter (NYSE, NASDAQ, NYSE American) and region = United States together ensure we only look at U.S.‑listed names on the main U.S. exchanges.

• Additional constraints (not explicitly requested but helpful):

  • Market cap and liquidity (monthly dollar volume) filters do not come from your text directly but are applied to:
    • Avoid the most extreme micro‑caps and shell companies.
    • Improve tradability by excluding ultra‑illiquid tickers.

We cannot encode “stocks you should buy today” as a screenable indicator—there is no objective filter for “should buy.” Instead, these filters narrow down to U.S.‑listed, highly speculative low‑priced stocks that are at least somewhat tradable, giving you a more practical and manageable starting universe for further research and your own buy decisions.