Maybe to me and many people, “penny stocks” transitioning into not being penny stocks is very major. The very concept of something being between 1 cent and 100 cents is like thinking of the initial offering in terms of a percentage. “I got in at the 1%-2% (1-2 cent) range,” for instance.
55 cents also seemed to have been a very major turning point. And that’s really the point of intersection. Like two sine waves being 50% in synchronization with one another isn’t quite the greatest turning point, because if the 2nd of those two sine waves starts to “rise up the y-axis” from the zero point of the x-axis—while the 1st one has just crossed that same point in the x-axis, but moving downwards—this then makes them miss out on each other’s positive (let alone negative, i.e. below the x-axis) essence. So, rather: 55% is when there starts to be the slightest amount of synergy between two people. Hell, even 51% makes two sine waves (or two people) have 1% common footing in this example of x- and y-axis shenanigans, though that’s nothing really to sneeze at vs. the knowledge that 55% creates a 5% common footing. Thus, 100% synchronization between two sine waves is the disintegration of penny stocks.
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