McLeod, Inc. (MCLD) ---- IPO 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.

Technology Stocks : McLeod, Inc. (MCLD) ---- IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry Brew who wrote (720)	9/25/2001 6:37:30 PM
From: Ashley800	Read Replies (1) of 1418

<<<, Has anything really changed with MCLD in the last month? >> Not that I'm aware of. In fact I was told the company used the last few months as a time to clean up its business by "cutting the fat". <<Could it be as simple as margin calls? >> No. Margin calls would of hit when the stock closed below $5.00. It's been under $5 for some time so it has not been marginable for some time. That goes for shorting it as well. All the selling volume is actually selling with no shorting as stocks this low are not shortable (exception by some small brokerages in different countries, but that wouldn't show up as nasdaq sales). On the positive side, MCLD is in the Nasdaq 100 and the Nasdaq has said it probably will not enforce the delisting rule (stocks under $1 usually become delisted from the nasdaq) for at least a year. One could say the Nasdaq thinks some of these companies will be back over a $1 within a year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next