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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST

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To: PartyTime who wrote (14115)8/17/2000 1:33:46 AM
From: Jon Tara  Read Replies (1) of 18366
 
PT, please name a recent case where NASDAQ has listed a stock that was trading below $5 on the day of the listing.

NOT one that dipped below $5 before the listing - but one where it was actually trading below $5 on the day it was listed.

RP seems to be implying that they might do so.

While they may, indeed, have the flexibility to do so if they wished, unless there is actually some precedent - and in more than just a tiny percentage of such cases, it is very, very unlikely that they would.

IMO, EDIG will not be listed while it is trading below $5. The probability that they would be listed while trading below $5 is similar to that of winning the lottery. Like you, and Rosanne (or is that whatsername, "The Goddess of Love"?), are fond of saying - "it could happen", LOL!
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