Which News Groups Provide Feed Of Penny Stocks
Q: I would like to get email on penny stocks alerts. Where can I get one.
A:
Stocks that sell for less than $1 a share for several months in a row
are delisted from NASDAQ by policy. FONR is heading in that
direction; PANC avoided it by doing something like a 10:1 reverse
split. These stocks have also or may also run afoul of the minimum
market cap requirements for NASDAQ listing. AMEX, well,
who cares about th
only are rarely worth anything...
Basic point stands. There is a minimum requirement to rationally
trade "real" stocks. That minimum requirement is a $50,000
account, period. That's your account size after you've got a well
paid-down mortgage, and have 6 months liquid savings for
possible layoff/emergencies, and some other more liquid investments.
Problem is, it appears that 95% of the posters here don't meet
that requirement...all you hear here is "got run out of daytrading
a $0.60 stock by the 'pattern daytrading rule', fascists want me
to have $25,000", "hey, the margin for an ES-mini contract is
only $2500", etc. About the only exceptions are people who've
had the good fortune to have their parents die recently and
they haven't had a chance to blow their inheritance yet through
idiotic trading...
The $5 definition was not because of inflation.
Forty years ago, (and much more recently than that),
$5 was the cutoff point for a change in quotes.
Stocks above $5 were priced in 12.5 cent steps (pieces of eight).
Below $5 prices were quoted in cents (pennies), and so
were referred to as penny stocks.
A few years back "decimalization" occurred and essentially
all stocks are not quoted in pennies. Although for the
really low valued penny stocks may be quoted in even smaller
numbers.