Replies to post #20978 on Seelos Therapeutics Inc (SEEL)

[value1008]

>"his performance is measured by PPS"

If that's the case, then a few thousand CEOs of microcaps and smallcaps should all be fired this year.

Oh wait, the entire sector was indiscriminately and repeatedly sold off this year while midcaps and large caps were allowed to trade much higher. I conclude that "performance" and PPS are often quite unrelated.

[Dimitrios George]

MK, a delisting letter is triggered only if the pps is below $1 for 30 consecutive days. Then there is a 180 day period to remedy.