Answer: The NYSE notifies the company if the stock price remains stuck under $1 a share for 30 or more consecutive days. ... If the company opts for delisting, the NYSE can suspend the stock's trading and start the delisting process.
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SANDRO 善子
OP
:
This is a very good stock to play if moving around $2.
Friends4Ever
:
Then if they delist what will happen to peoples money who are holding shares ? What will they get.. aren’t they still holding shares as a portion partner with the company.. ? How does that work ?
Hopeful
SANDRO 善子
OP
:
what do you mean by everyone play within $2 limit? it's already under 1.... retailers have no power to pump this stock up.... new lows now... where is the bottom? hope it doesn't get delisted
SANDRO 善子 OP : This is a very good stock to play
if moving around $2.
Friends4Ever : Then if they delist what will happen to peoples money who are holding shares ? What will they get.. aren’t they still holding shares as a portion partner with the company.. ? How does that work ?
SANDRO 善子 OP Friends4Ever : If everyone play within the $2 limit, this worries willl not happen !
Long or Short please take good care of BAOS
Hopeful SANDRO 善子 OP : what do you mean by everyone play within $2 limit? it's already under 1.... retailers have no power to pump this stock up.... new lows now... where is the bottom? hope it doesn't get delisted