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HereToFightScams

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HereToFightScams

Re: None

Friday, 03/05/2021 3:15:01 PM

Friday, March 05, 2021 3:15:01 PM

Post# of 108191
My feelings are hurt, but is there any evidence that NASDAQ has removed the listing non-compliance status? I mean a PR to that effect or SEC filing? From my understanding these rules are not hard and fast. If a stock just pops up artificially due to Robinhood/Gamestop euphoria with no news, and NASDAQ sees it plummeting back down, they can certainly decide the company did not live up to the spirit of the rules. My working theory is they are still not in compliance and will have to do a RS soon (as well as all the extra shares removed after a new vote and stock bonuses clawed back). Anyone interested in my theory?
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