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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: technbio who wrote (1140)2/9/1998 9:48:00 PM
From: White Shoes  Read Replies (1) | Respond to of 4231
 
REASON FOR CONTINUED SLIDE OF SWEBF...?

It occurs to me that panic may set in once a NASDAQ stock sinks below $1. There is fear that it will be delisted. I am not so sure this is so great a worry. It also trades on TSE under the symbol SKI. Toronto is a listed exchange, so what's the problem. I believe the TSE is much more forgiving in terms of the time frame for delisting companies. Someone with more time or knowledge might want to confirm this.

If there really isn't a big problem with the company, someone (probably the company) is going to buy a bunch of stock at these levels.