Dec. 4 at 2:44 PM
$LYG so the 5 dollar rule appears to be taking affect for stocks. Google what is a penny stock..and it amazingly comes up with a stock less than
$5 . How is this important? a vast majority of funds will not invest in penny stocks by their rules. And this is now not a penny stock for US funds. The stock yields greater than 3 percent when US banks yield just over 2 percent. This should push the price above
$10 per share over the long term alone...barring larger economic issues. Basically, the stock is really cheap compared to peers in the US.