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Waverunner1

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Waverunner1

Re: Rdunn88 post# 100501

Monday, 05/04/2015 4:11:09 PM

Monday, May 04, 2015 4:11:09 PM

Post# of 403254
A stock does not get delisted from NASDAQ unless the bid price falls below $1 for 30 consecutive days. And actually that just initiates the process, there are ways to stay on after receiving a deficiency notice.

A reverse split has to be on-the-table now. We clearly see how easy this stock can be manipulated. Also, the Nasdaq has stricter guidelines for holding the minimal PPS requirement. Which I believe is 2 bucks? This latest decline has more implications than some want to believe.
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