Patrick Harden

Reconsidering Penny Stocks

I cover specialty finance companies, particularly mortgage REITs, which have obviously been decimated in this credit environment. Many of the stocks I cover are now on the BB / pinks due to the minimum price threshold, and I am strongly in favor of Seeking Alpha's decision to expand coverage of these stocks. I think normal quality standards should govern publication of any article, as readers of this site should have enough financial savvy to do his/her own due diligence before investing.