A "penny stock" isn't called that because it's share price is less than a dollar.... Maybe I should rephrase so that you don't get confused...
"Also I really hope that people who put 50%+ of their hard earned portfolio into a speccie stock is not legit."
Apologies for causing you to be confused. Hope this has cleared things up for you.
AVZ Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held