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I no longer buy penny stocks under $1

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PennyWorld Member Level  Friday, 02/15/19 02:46:20 PM
Re: HSTN post# 3860
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I no longer buy penny stocks under $1 if they are on the NASDAQ. Under a dollar things gets started into motion of delisting the stock and if they can't push it back up over $1 eventually they do a devastating R/S to keep from getting delisting. ditto for penny stocks on the NYE ($4 is the delisting threshold). Same problem.

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