Many brokerage houses and institutional investors have internal policies and practices that either prohibit them from investing in low-priced shares or which tend to discourage individual brokers from recommending low-priced shares to their customers.
Strange, why would they do that?
Any way, for me as long as a definition has a reasonable precision and completeness for the purpose of a particular inquiry it becomes acceptable.
Truth and falsehood are properties of a statement and have nothing to do with those that make it.
nervous nellies and boiling jugs, page-39
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