My thread on the stock forum was deleted and I got a message in my inbox from Magna<sp?> saying Penny Stocks aren't allowed here and if I want to discuss them I need to take it elsewhere. IIP is on the Amex and I always thought Penny Stocks were BB or Pink Sheets. So... What's the exact definition of a Penny Stock by Elite Trader? IIP is trading at 1.55 so I'm guessing it's any stock under $10? Not trying to stir the pot, just a little confused and I dont see where the rules are posted.