Why I still wouldn't hold any small stocks?
1) Just because a stock just dropped 90% from $10.00 to $1.00.
Doesn't mean if you buy at a $1.00 it can't fall 50% again to 50 cents in a week.
2) Get delisted.
3) Reissue shares
4) Reverse split
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There are so many cheap stocks right now at 52 week lows.
But they still can't be bought and held.
ONLY traded at the right time.
If the s&p ends up falling to 3400 support. They most likely will go even lower.