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Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (271)9/25/2001 4:42:42 PM
From: RockyBalboa  Read Replies (1) | Respond to of 289
 
You were right!

...but most of the stocks will continue to trade.



3:37PM Nasdaq Delisting : CNBC and Bloomberg have been reporting that the Nasdaq is considering placing a temporary moratorium on delistings related to the minimum bid price of a company's stock (currently the Nasdaq requires that a stock's bid price not fall below $1 for 30 consecutive days). This could extend the listed life of many prominent Nasdaq cos: ATHM, EXDS, MFNX, XOXO.

finance.yahoo.com

The question is what will companies do which have been delisted only recently? Sue Nasdaq? Reapply?