Quote from Magna:
By the time I was aware of the BIOD call the stock was trading around 4.80 - 4.85 and rising fast. Same for volume. Rather than delete all related posts a PM was sent with a breakdown of the guidelines regarding penny stocks along with the admonition to not post new ones going forward. As I had never seen marketsurfer post a penny stock call in the past there was no major crime here, just a misunderstanding on the rules. Which, BTW, for those who are not familiar with them are as follows:
Any stock (not OTCBB or Pink Sheets) can be discussed that meets at least one of the following two criteria:
1. It trades above $5.... or
2. It has at least 1,000,000 shares of average daily volume.
If a stock does not trade above $5 and does not have an average daily volume of at least 1,000,000 shares then for our purposes it's a penny stock and we don't want it discussed at ET. Best to take it to one of the many sites that cater to penny stocks.