OTCBB or the Over the Counter Bulletin Board is the place where stocks that are not listed on the NASDAQ are listed. This usually the home of penny stocks as they either started at or have fallen under minimum capitalization or minimum share prices. Stocks listed on the OTCBB are not governed by SEC regulations and thus are considered more risky. However, it behooves these companies to behave well and live by SEC rules in preparation for future listing on the NASDAQ.

Here is a list, though it is somewhat outdated, of penny stocks trading on the NASDAQ:
http://www.forbes.com/2001/10/05/1005nasdaq_2.html

Don’t let this scare you though. There is definitely money to be made trading penny stocks on the OTCBB. You just need to be more cautious and careful. That’s why it is important to follow research and analysis of the experienced. That’s why we suggest you subscribe to our daily picks newsletter. Nothing is guaranteed, especially trading penny stocks on the OTCBB but you can increase your odds by following the experienced.