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Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?


To: arnie h who wrote (932)10/23/1999 12:02:00 PM
From: Shadow  Read Replies (1) | Respond to of 1386
 
Re:delisting

NASDQ looks at other issues aside from stock price alone.
A company which ships product and has a revenue stream will
recieve more leeway than one which doesn't.

A company with questionable books may be delisted even if they
do a reverse split and bring their price over a dollar.

A stock can't stay under $1 forever and expect to remain listed,
but I don't think PARS shareholder need to start worrying yet.

One thing that does concern me is year end tax loss selling.
At its current level tax loss selling could easily put us way under a dollar.