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sleep

03/22/10 9:44 PM

#60405 RE: tdurden86 #60404

Are you saying that there are NO stocks listed on NASDAQ for less than $1.00...
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the fox 52

03/22/10 9:56 PM

#60408 RE: tdurden86 #60404

I agree, NASDAQ has a minimum share price that must be maintained for a given amount of time b4 being listed on their board.

Most of, if not all, institutional buyers have a minimum threshold of $5 per share and some of the bigger boys use a $7 threshold.

If you ever noticed the "name brand" Wall Street Goldmanb Sachs & the like brokerages do IPOs that open btwn $12- $16 per share.

I believe that holds true w/ the people on CNBC, they can not discuss a stock on air that is a sub $5 stock, regardless of what board it trades on.

Even Jim Cramer shys a way from sub $5 stocks on his shows.

The next step is a BB. stock listing.

But 1st things 1st. We need to have the "stop sign" removed.

I could not buy any of cprk thru TD Ameritrade today.