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I would suggest you stay away from penny stocks for many different reasons, but at least a few of which are conveyed on our Fool Wiki entry on penny stocks.

In the case of Advanta, it became unratable long ago on CAPS because it dropped well below our $100 million market cap/$1.50 price per share minimums. Part of the reason we have these minimums is to discourage focus on really low-quality investments.

Hope the above is clear, and yes I do find CAPS incredibly helpful. But stay focused on companies with market caps in excess of $100 million, and in many cases especially if you're new, in excess of $1 billion.

Fool on! --David
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