[sbierwagen]

Fun fact: WSB bans discussion of penny/microcap stocks, which is why none of these tickers show up in that subreddit.

[iso8859-1]

GME had a market cap below $1B between April and November 2020[0], and somehow DFV could still make his posts.

The rules didn't say that the limit was $1B in September,[2] that was only added later.[1]

[0]: https://www.macrotrends.net/stocks/charts/GME/gamestop/marke...

[1]: https://www.reddit.com/r/wallstreetbets/about/rules

[2]: https://web.archive.org/web/20200912192940/https://www.reddi...

[WoahNoun]

This is a case of needing more explicit rules to enforce the intent of the ambiguous existing ones.

>any other worthless securities that are susceptible to scams or pump & dump schemes.

As for GME, Penny stock designation technically requires that the stock not trade on a major exchange. GME was never de-listed.

[tekknik]

Penny stock designation has nothing to do with exchange listings, that’s OTC. Penny stock designation starts when the stock price is $5 or below.

[zeusk]

GME however was a fallen titan.

Also, being a sub member since 2014 - pennystocks were always frowned upon.