Taser is a company whose shares are being heavily naked shorting. The following action is a direct result of this activity and is an example of how naked shoryters can destroy a viable company.
"Taser Receives Nasdaq Delisting Notice
Taser International (Nasdaq: TASR) said Friday that the Nasdaq Stock Market told the company its stock could be delisted because it failed to file its third-quarter financial report on time. TASER International plans to appeal the NASDAQ Staff's determination by requesting a hearing before the NASDAQ Listing Qualifications Panel, which will automatically stay the delisting of TASER common stock pending the Panel's review and determination. Until the Panel issues a determination and the expiration of any exception granted by the Panel, TASER International's common stock will continue to be traded on the NASDAQ National Market. However, as a result of the delayed filing of its Form 10-Q, the trading symbol for the Company's common stock will be temporarily changed from TASR to TASRE effective as of the opening of business on November 25, 2005. The presence of an "E" during this period will not constitute a trading halt or delisting."
