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LearningEveryTrade

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LearningEveryTrade

Re: JerryCampbell post# 528295

Sunday, 11/06/2022 9:48:00 AM

Sunday, November 06, 2022 9:48:00 AM

Post# of 689180
Jerry, penny stocks are stocks that trade under $5.00 per share. Market cap has nothing to do with it.

Not a penny stock to be found. Smallest market cap is $1.7 billion (Liberty Latin).



Also, using a 2018-ish document to say he never invested in penny stock is ???

You were wrong when you said Buffett invested in penny stocks. Are you incapabe of admitting to that simple mistake?



I had found this EASY to Google info...

"Warren Buffett Loved Penny Stocks"
"Yes Buffett did invest in pink sheet penny stocks when he was young, according to the book The Snowball. He loved investing in cheap stocks at discounted prices, which at the time were bargains. He made a vast fortune buying penny stocks and day trading. Buffett was investigated by the SEC in 1974-1976 for manipulating the price of a penny stock called Wesco.

ASM= Actively Supporting Management

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