That was a good piece...thanks. Couldn't agree more here: In most countries, a low-priced stock is nothing special at all. Ticks adjust to ensure spreads stay affordable, liquidity is measured in value, and commissions are charged in basis points. Only in the U.S. does the math of sub-dollar stocks cause trading distortions. Only in the U.S. are reverse splits required to make companies trade with more affordable commissions again. At the end of the day, a well-informed valuation matters much more to investors than a stock’s current price — even in the U.S. I used to play Hong Kong...not sure where it is going now....and if Milton were alive...he'd be worried: https://www.youtube.com/watch?v=m0dfiWM-rsE