SI
SI
discoversearch

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.
Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Q. who wrote (2301)5/3/1999 4:42:00 AM
From: RockyBalboa  Read Replies (1) of 2506
 
In fact, I don't remember what circumstances usually lead to a C.

When the nasdaq began to send out letters regarding non-compliance with the NM (or SC) listing standards, many seem to have complained about and in order not to hamper the chances to do an equity placement, companies were allowed to stay with an exemption.

Reasons for non-compliance have been:
-low stock price (< $1), remedy was a reverse split (mostly)
-noncompliance with NTA requirement
-in one case (EASEC) (was EASTE before), continued non-reporting due to the transient inability to value the assets of the co.

IS.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext