Jeff,
Regarding your concerns about the thread: I think the enforcement of the SEC of reporting requirements is going to take a lot of the risk out of the pennies. As far as front running, insider P & Dumping, and all the rest...well, we know all about that. Really, I think you are expressing your concern for those that stumble into this type of investment gambling without having paid their tuition fees. And that is quite valid; which is why I believe your cautionary statements have been so appropriate.
On the other hand, I don't think there are dividing lines between good and bad stocks or investments. Is the .07 stock bad today because it is under a dime, and good tomorrow when it is .12?? Your thread has been extremely useful for profiling and encapsulating the rumours, the news, etc. and a great starting point for DD.
My personal preference would be to see a cautionary cut and paste on all your listings (although I know it is extra work for you, not us). :)
I don't think it is useful to eliminate any stocks from the parade. Some $20.00 stocks are garbage, and are getting ready for the fall, and the dump by insiders that are selling off before earnings come out; and so on and on.
Just my opinion. You can only do so much to protect others. In Vegas, once you reach a certain age, and you got money in your pocket--the doors are open.
Whatever the consensus is, I believe your thread will remain an important and appreciated part of SI for a large number of people.
Barry
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