Pharmos (PARS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Pharmos (PARS)

PARS 2.700

+13.6%

Jan 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: arnie h who wrote (926)	10/23/1999 10:27:00 AM
From: arnie h	Read Replies (1) of 1386

There are some on the Yahoo thread who are concerned about delisting if the price drops below $1. If there are some on this thread with that concern, here's how the process works. The company gets a warning if its price closes below $1 a share for 30 consecutive days - even a 1 day interruption stops the count. If a warning is given, the price has to close above $1 for 10 consecutive days. If that happens, the matter is closed. It can of course start over again. Generally, because appeals are possible, the overall process for delisting takes about 5 months. If at any time, the price is above $1 for 10 consecutive days, the process ends. Seems rather unlikely for Pars unless revenues have peaked already. Arnie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next