100% not true what so ever. It stops being a "penny stock" once it hits a dollar. Some brokers consider stocks under $5 as "non marginable" but most only consider stocks under $1 as "non marginanable". You got a lot to learn and I suggest you start getting the facts right instead of making things up. LOL "still a penny stock until it trades above $5" hahaha yea so Citi Group is a "penny stock" lol, a 100+ billion dollar a year company is a "penny stock" because it trades under $5 a share. Keep up the good laughs!
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