NASDAQ allows stocks 30 days plus 180 days to get their price back up above 1.00. GFAI’s last time above 1.00 was in April, meaning they have til November before they’re likely to face delisting. The risk is low at this point and just gives them further motivation to release information that will get their SP back up.
It’s time to buy.
By the way, the shorts probably cashed in on the 22nd. That’s likely why the volume jumped to 41m that day. This stock is free to move up now.
NASDAQ allows stocks 30 days plus 180 days to get their price back up above 1.00. GFAI’s last time above 1.00 was in April, meaning they have til November before they’re likely to face delisting. The risk is low at this point and just gives them further motivation to release information that will get their SP back up.
It’s time to buy.
By the way, the shorts probably cashed in on the 22nd. That’s likely why the volume jumped to 41m that day. This stock is free to move up now.
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