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Re: peterpeter post# 68314

Thursday, 04/28/2022 11:20:56 AM

Thursday, April 28, 2022 11:20:56 AM

Post# of 88835
For sure, OTC does not have full ownership of all penny stocks.

Personally, I do not have the bar that high. Somewhere over the years I retain the understanding that a Penny Stock cannot (exceptions probably exist) be purchased by institutions unless over $2 a share (not willing to take the time to confirm that - could have changed). Once able to be bought by institutional traders, a company is no longer considered a penny stock by my book.