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Gold/Mining/Energy : JAB International (JABI)

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To: Bill Galkowski who wrote (2850)2/3/1998 5:38:00 PM
From: Charger  Read Replies (1) of 4571
 
Did you see the strong close today at 15/16?!! Not far to $1 and above from here. Bill, the regulations state that the bid must close at $1, not just be $1 at ask, or $1 for last trade. I have not the time right now, but if you go back a bit, you will find a couple of posts from Gary Baggs, his last two, which deal with all the specifics about delisting regulations and why it is definitely not in their interest to get delisted - takes a lot of money qualification to come back, not to mention the stock has to be at $3 to come back, if I remember correctly.

As to today's close....I think there must be something brewing in the melting pot. What do you think?

Charger
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