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igotthemojo

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igotthemojo

Re: B_B! post# 56026

Tuesday, 04/02/2024 8:35:47 PM

Tuesday, April 02, 2024 8:35:47 PM

Post# of 56865
“If the stock price stays above $5, small and large investors will jump in and buy more shares (with borrowed money).”

Maybe a few will, but not enough to cause the pps to skyrocket…

I personally won’t buy anything with margin…ever…

“because the SEC applies special rules to stocks under $5.”

I’m not aware of any special sec rules that apply to a $4 stock as opposed to a $5 stock that are particularly detrimental…

The only exception would be in the case of shorting a stock…there are certain rules that apply to penny stocks in cases of short selling…
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