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Re: Rogerthat1 post# 8849

Saturday, 07/07/2018 8:15:02 PM

Saturday, July 07, 2018 8:15:02 PM

Post# of 9747
Can Mutual Funds Own Stocks Under $5?

It's often said that mutual funds and other institutional investors can't own stocks that trade for less than $5, condemning low-priced stocks to retail ownership only. But the truth is actually the opposite -- there are some roadblocks for investing in penny stocks, but they are most applicable to average Joes, not professional investors who run institutional sums.

https://www.fool.com/investing/2017/11/06/can-mutual-funds-own-stocks-under-5.aspx

Yes, you are correct my bad...

I always read that but I have never look into it...

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