I call all these small company stocks scams because that's what they are.
They don't ever make money. There only purpose is to be manipulated by traders. These are the same stocks that go down for years and years change their names and keep reverse splitting to stay on.
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Hey thats what I'm seeing too. Now i understand why they give 180 days to get back into compliance for under $1 as opposed to 90 days for pretty much every other non-compliance issue. How do I graduate into the class of trading and avoid these "pump and dump" stocks?