Replies to post #497776 on Mr Cooper Group Inc (COOP)

[garyhalvo]

But don’t they have to maintain one dollar for 10 days?

[ReikoBlack]

"After receiving a deficiency notice, a company has 180 calendar days to return to compliance. A company warned about its shares' minimum bid price must achieve a closing price of $1 or more for 10 consecutive trading days during this period."

Remember all it has to do is to close 1 day ABOVE a dollar and the clock starts all over again!

[ckaufman2160]

You just hit the old proverbial nail on the proverbial head!
This price increase ( steady not hurried in lieu of Dec. 1 possible
nothing ) is in respect to Nasdaq compliance. Elementary my dear
BBWatson!

[Large Green]

Bob, has to close above a $1.00 for ten consecutive trading days and then WMIH is compliant again BUT during those ten trading days if it closes under a dollar the process starts over