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2 Responses to “When does a penny stock company make it the next level and what are the indications of it?”
To be part of the NASDAQ Composite, it simply has to be listed on the NASDAQ exchange.
The S&P 500 includes 500 US based companies with largest market capitalizations. To get on the S&P, the company has to grow sufficiently large first, with a promising or at least stable outlook of future earnings.
To become a component of the Dow, well, that’s just impossible. So stop day dreaming.
When it moves to one of the major exchanges AMEX, NASDAQ or NYSE. Highly unlikely it will go from pink sheets to NYSE though.
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