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Monday, December 07, 2009 2:41:29 AM
Read it a couple months or so ago.
It's for lower priced stocks that don't or can't meet their regular NASDAQ price levels.
But they do have to have all up to date filings etc.
I'm not sure about how accurate I am here but it could be the BX stocks, and maybe that has to do with their purchase of the Boston Stock Exchange.
So in the future when a penny says it's going to the NASDAQ, it does not mean it's going to $4.00, it just means they are up to date on filings and such.
Wanted to get that out there so nobody would get over zealous reading between the lines and shooting themselves in the foot/wallet
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