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I would love to go to the big boards with natural growth but I don't think it will happen. I think JN knows something and he wants to get there quick. All we know is that up listing is an important part of his plan.
They did back in 2011 but it didn't help them for 2 years, as they fell to a low of 13 cents on February in 2013. I think the reason they went up to 10 dollars is because of that Walmart contract they announced in 2014 which caused a big short squeeze. This is the article on the 1:10 reverse split in 2011.
http://www.plugpower.com/News/PressReleases/11-05-19/PLUG_POWER_ANNOUNCES_1-FOR-10_REVERSE_STOCK_SPLIT.aspx
What is interesting about that split is that they had to do it to maintain the 1 dollar basis of the NASDAQ Capital Market to stay listed on it. To me it looks like they pulled off the RS because they had to do it to stay relevant. Then they fell under a dollar for a long time and rose an incredible amount in a span of 5 months starting November 2013. Cramer then came out and said it was a bubble waiting to pop and it crashed way back down to the value it is today, 2.67. PLUG did a RS for a different reason than SLTD I believe. As much I want to hold on to a high share count, I suppose uplisting quickly is a reason to RS. Who knows if it will be good or bad. I think the important question is still if SLTD is going to maintain itself with the growth and innovation we saw in 2014.
What?
Yeah I'm about maxed out on what I can buy, I did take advantage of that brief drop to .155 though.
I suppose I am a blind bat.
Anyone ever notice how the share price dips before a run up with this stock? Kind of interesting.
As much as you are willing to risk and as long as you are using money that you don't need for necessities.
Definitely, I think this just shows that there is much more promise in the years ahead. I think it will be interesting to see how this company develops over time since there are many possible developments. Again, patience rules and no one on this board will sleep in March.
Ok, that sounds about right. Earnings time will be full of 3 am news reports then.
Are you thinking 30-45 days in trading days or total days?
Holy shit. Does NASDAQ's site usually show after hours trading for SLTD or is that new?
Where does it say? I can't find anything because I am a blind bat man.
Haha sorry to stomp on dreams.
Other OTC pennies are showing up as NASDAQ on that site. :(
Look at HYSR and CABN, they show up as NASDAQOTH too. Dammit.
No one ever said we couldn't spice it up a bit. Here's to the cocoa night.
Keep'n it classy, light that cocoa train. Choo choo!
Just remember to keep your cocoa warm.
Great, no one is gonna get sleep tonight and we will all be tired tomorrow. Thanks again JN.
Mystery solved.
LOL, Sprech this is for you. http://www.reddit.com/r/Showerthoughts/comments/2s2lrn/taken_4_should_be_set_in_a_tibetan_monastery_liam/
Aren't there penalties associated with cancelling a lease though?
I thought they said it would be January 18th? I am probably not remembering right though.
That makes sense then.
People have a whole lot of impatience it seems.
Freakin' Neeson at it again. SolarCity looks like they have a whole heap of debt, over 1 billion. Super negative operating margin as well. Any idea on how long it took for SolarCity to reach the size they are today?
Dang Sprech, you are a fiend. Why is Solarcity valued at 49.62 as of now?
Neeson approves.
Here's to the new year and to our good man Neeson.
Can't deny that statement.
Yeah, he deserves something real good and fuzzy for Christmas.
Someone hand this man a beer. Thank you.
Our good boy Jim Nelson doing his thing.
Would you look at that, the beholden of our days.
Where is that sweater clad fella anyways?
Read post 28124 by Chiinkwia1.
Chiinkwia1 posted,
"To the best of my knowleged this has not been revoked or reversed.
This should get some thinking. Enjoy the read.
SEC APPROVES ALTERNATIVE NASDAQ LISTING REQUIREMENTS
Posted on May 14, 2012 by RedChip Blogger Leave a comment
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21
A recent change in the listing requirements for the NASDAQ Capital Market gives more small-cap companies the opportunity to uplist to the senior exchange.
On April 18, the Securities and Exchange Commission approved an alternative to the $4 initial listing bid price requirement for the NasdaqCM. The rule change is meant to level the playing field between the NASDAQ Stock Market and its main competitor, the NYSE Amex. Prior to the rule change, the NYSE Amex required companies to have a minimum stock price of $2 to $3, while the NasdaqCM required a price of $4. As a result, numerous small-cap stocks trading between $2 and $4 were shut out of the NasdaqCM. According to the NASDAQ Stock Market’s proposal, filed in January, “A number of companies have indicated a preference to initially list on the Capital Market instead of NYSE Amex and have expressed frustration at their inability to do so without reverse splitting their stock.”
Under the new NasdaqCM requirements, a stock can qualify for listing if it closes at $3 or above for at least five consecutive business days prior to approval. The five-day requirement is in place to reduce the risk of price manipulation aimed at allowing a security to qualify for listing. In addition to the $3 share price requirement, the company must meet the following requirements:
Stockholders’ equity of at least $5 million
Market value of publicly held shares of at least $15 million
Two years of operating history
Or:
Net income from continuing operations of $750,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years
Stockholders’ equity of at least $4 million
Market value of publicly held shares of at least $5 million.
Securities with a $2 minimum closing price for five consecutive business days prior to the approval can also qualify for listing on the NasdaqCM if they meet the Market Value of Listed Securities Standard, which requires a market value of listed securities of at least $50 million, stockholders’ equity of at least $4 million, and a market value of publicly held shares of at least $15 million
In addition, companies must demonstrate that they have more than $2 million in net tangible assets if they have been in continuous operation for at least three years, or more than $5 million if they’ve been in continuous operation for less than three years. A company must also have average revenue of at least $6 million for the past three years. All other requirements for listing on the Capital Market are the same or higher than those of the NYSE Amex. A copy of the NASDAQ Stock Market’s original proposal is available on the SEC website.
With the new requirements, the NASDAQ Stock Market becomes more competitive with the NYSE Amex, and emerging growth companies now have another avenue to benefit from the increased exposure, liquidity, and access to capital that comes with uplisting to a senior exchange. As would be expected, two companies that RedChip helped uplist, L & L Energy (NASDAQ: LLEN) and Longwei Petroleum (NYSE Amex: LPH), both saw substantial valuation gains after moving to senior exchanges. Other RedChip clients that could qualify for uplisting over the next 6 to 12 months include ChromaDex Corp. (OTC BB: CDXC), a natural products company and producer of the dietary supplement BluScience; First Surgical Partners Inc. (OTC BB: FSPI), a dividend-paying operator of ambulatory surgical centers; and Cross Border Resources, Inc. (OTC QX: XBOR), an oil and gas company operating in the Permian Basin. If you are an executive or board member of an over-the-counter company and would like to learn how RedChip can help your company, contact us today.
Disclosure: The subject securities are clients of RedChip Companies, Inc. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein. For full financial disclosures for all RedChip clients, please visit http://www.redchip.com/disclosures.asp?src=rcv.
tagged with L & L Energy, LLEN, Longwei, Longwei Petroleum, LPH, NASDAQ, NYSE Amex, Small-Cap Stock
Market Knowledge"
Ya, I think it has to be 4 or something.
Post from david_c_miller,
"The December 3rd date is just the date that the report was generated (when you clicked on the link). Also, the server which generates the report likely is somewhere in Europe which means that later this evening (e.g., several hours before midnight EST) it will display December 4th as the Report generated on date . ."
Source:
http://finance.yahoo.com/mbview/threadview/?&bn=14529fad-4175-331f-9adb-320e8fcd5c83&tid=1417628845671-a0227072-6c7f-4fee-afce-0b7eae96a002&tls=la%2Cd%2C6%2C3
I believe that the date is the day the it was opened. Look at this thread, it happened earlier today.
http://finance.yahoo.com/mbview/threadview/?&bn=14529fad-4175-331f-9adb-320e8fcd5c83&tid=1417628845671-a0227072-6c7f-4fee-afce-0b7eae96a002&tls=la%2Cd%2C6%2C3
"Solar3D Announces Expansion Into Nevada Solar Market"
Source:
http://forums.digitalmedianet.com/articles/viewarticle.jsp?id=3604180