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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (25511)7/8/2001 11:07:15 AM
From: Ditchdigger  Read Replies (1) of 29382
 
Good info, I've always wondered about the NYSE continued listing requirements--as I think SKI will not meet the minimun closing price requirements as of tomorrows close..Must maintain a $1.00 or higher average closing price, which is determined by the average of the previous 30 days closing prices..who would have thunk it<g>..also their extension(actually their second) on loan defaults is up tomorrow as well..
domino.nyse.com
PS: also interesting to note- the NYSE does not require a company to immediately issue a press release when/if they get the dreaded noncompliance letter..A company has 90 days to inform their shareholders...what kind of sh*t is that? Unreal..maybe the new SEC disclosure rules outweigh the NYSE rules...sounds shadey to me..
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