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cintrix

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cintrix

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Re: None

Friday, 12/19/2008 2:51:41 PM

Friday, December 19, 2008 2:51:41 PM

Post# of 6266
On October 16, 2008, NASDAQ implemented a temporary suspension of the $1 bid price rule. This temporary extension is set to expire on Friday, January 16, 2009. Beginning January 19, 2009, NASDAQ will start a fresh clock ticking on any company whose bid price has closed below $1/share.
http://seekingalpha.com/article/109588-why-nasdaq-should-eliminate-the-under-1-30-day-bid-price-rule
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