My pick LOUD dodged a delisting bullet that I should have forseen, but didn't.
"On January 4, 2006, Loudeye received a further notice from Nasdaq noting that Loudeye had not regained compliance with the minimum bid price rule as of January 3, 2006. However, the Nasdaq notice also stated that as of January 3, 2006, Loudeye met all the initial inclusion criteria in Nasdaq Marketplace Rule 4310(c) (except for the bid price). As a result, Loudeye has been provided an additional 180 day calendar compliance period, or until July 3, 2006, to regain compliance with Nasdaq minimum bid price requirements"
I should have looked at filings to detect problems like these, especially since I bought a lot of stocks under $1. I was in such a hurry, though, that I didn't open any Q's or K's. Luckily LOUD didn't get delisted in January. |
