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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (3884)	8/5/2007 2:52:22 PM
From: Jatin Kadakia	Respond to of 20435

Good point. I think if the contestant does not sell, then it should automatically sell on the last day it is on the official board (NYSE, NASDAQ or AMEX) at the closing price. --JK

To: Sr K who wrote (3884)	8/5/2007 3:19:37 PM
From: Elroy	Read Replies (3) \| Respond to of 20435

Yeah, if a stock gets delisted, I guess we should force the owner to sell the shares (or cover the short) either on the last day of listed trading or the first day of non-listed trading. Any preference - it doesn't matter to me. We could say whichever is worse for the owner to discourage people from buying/shorting stocks that are likely to be delisted.

To: Sr K who wrote (3884)	8/6/2007 7:48:05 AM
From: SI Bob	Respond to of 20435

I hadn't seen (and still don't see) any press release about it, though I knew it was coming and unfortunately I do own some shares (HMB) in reality. Figured the huge swoon recently was indicative that delisting notice was happening soon. Are you saying that not only have they been notified, they've been delisted? I've seen other companies languish in the < $1 range for a very long time before finally getting their notice. Guess I'd better get my next money-losing picks ready, though this time I'll be more conservative. Too bad it's only US stocks. I've a favorite that doesn't yet trade in the states. <g> But should in due course as it's simply in the usual regulatory holding pattern. Will post my picks when I get back to the states in a few days.