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Strategies & Market Trends : Shorting stocks: The root thread

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To: john harris who wrote (28)	8/28/1997 10:18:00 AM
From: Q.	Read Replies (1) of 41

John, Nasdaq just announced new listing requirements for the National Market that pretty much eliminate the NTA requirement. Companies with a $5 stock price and a $50 M market cap don't have to meet it anymore. And that pretty much eliminates any co. you would consider shorting. You can find the new rules at nasdaq.com This is a big change. I will no longer look for National Market companies with low or negative book value as a delisting play, due to this.

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