Biocept Inc (BIOCQ)

[Matt1963]

Question to this board as new to the stock. BIOC is a NASDAQ listed company. How are they still compliant when then price has not been at $1 since August 2019?

https://www.investopedia.com/investing/the-dirt-on-delisted-stocks/

Quote: "A stock that has experienced a steep price decline and is trading below $1 is very risky because a relatively small price movement could result in a huge percentage swing (just think – with a $1 stock, a difference of $0.10 means a change of 10%). In low volume penny stocks, the fraudsters flourish and stocks are much more easily manipulated; major exchanges don't want to be associated with this type of behavior, so they delist the companies that are liable to be affected by such manipulation."

Surely it's only a matter of time before they RS this stock?