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Re: StevenDice post# 177645

Monday, 01/29/2024 7:18:49 PM

Monday, January 29, 2024 7:18:49 PM

Post# of 194740
A nasdaq delisting takes about a year to accomplish. First a Nasdaq stock must trade below $1.00/share for six months. Once that occurs, the company receives a letter from the Nasdaq giving them six months to get the stock price above $1.00. If the stock price does exceed $1.00 for ten consecutive trading days, the issue is considered resolved. Then, the whole situation starts all over again.

Folks, this is not going to happen! The odds are perhaps .001%. The odds of a short squeeze occurring in the next two months are probably 50% so let talk about that!!

Don’t be shocked if there is a press release this week.
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