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Depends on structure of stock

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sludgehound   Friday, 11/22/13 03:03:18 PM
Re: mgland post# 8375
Post # of 8407 
Depends on structure of stock

When a beaten stock has fallen to gray market status then it can do anything it wants w/o filing, or vote, or announce.
As long as still on Nasdaq it is supposed to follow the standard reporting rules. Those that don't are going off Exchange soon. Canada or ADR don't need to follow any rules either.
Helps to look and see if stock has undergone any R/S and how did it handle filings then.


It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

~ Thomas Sowell
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