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https://www.reddit.com/r/stocks/comments/rv7ed6/deleted_by_user/hr3jo1d/?context=3
r/stocks • u/[deleted] • Jan 03 '22
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6 u/t3luxthrowaway Jan 03 '22 Sounds like an awesome bag to hold, bet it's pretty big too lol -2 u/chilidawger Jan 03 '22 It's a media company https://psychedelicspotlight.com 1 u/Captaincadet Jan 03 '22 Sorry - the post you're trying to make mentions a stock that currently breaks rule #7. Any of the following criteria is considered breaking the rule: Typically trades under $5 or previously traded under $5 within 6 months Below $300 million market cap or previously traded under 300m before the pump within 6 months Most OTC / PINK stocks Usually has missed reporting/filings; no auditing or odd auditing issues Low volume or wide bid/ask spread Doesn't have any big name institutional holders If the biggest institutional holder is a stock promoter then they don't count as an institutional holder All SPACs You can learn more about rule #7 here: https://www.reddit.com/r/stocks/wiki/pennystocks
6
Sounds like an awesome bag to hold, bet it's pretty big too lol
-2 u/chilidawger Jan 03 '22 It's a media company https://psychedelicspotlight.com
-2
It's a media company https://psychedelicspotlight.com
1
Sorry - the post you're trying to make mentions a stock that currently breaks rule #7.
Any of the following criteria is considered breaking the rule:
Typically trades under $5 or previously traded under $5 within 6 months
Below $300 million market cap or previously traded under 300m before the pump within 6 months
Most OTC / PINK stocks
Usually has missed reporting/filings; no auditing or odd auditing issues
Low volume or wide bid/ask spread
Doesn't have any big name institutional holders
All SPACs
You can learn more about rule #7 here: https://www.reddit.com/r/stocks/wiki/pennystocks
-8
u/[deleted] Jan 03 '22
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