lakers17; The NASDAQ Small Cap Market requires a Bid of $1.00, if a security falls below $1.00 for 30 days it can be delisted, I believe once they get a notice of delisting, the stock must have a Bid of $1.00 for at least 10 consecutive trading days. Don't quote me verbatim on this though, I haven't read the rule through in a while. I have been in a few NASDAQ Small Caps and watched them dip under a dollar for almost 30 days and then run back up, almost as if they were a Channeling Stock, but you know someone is behind the curtain not letting it get delisted.
