For a second I thought this was mockery of the price that customers in my store still think something is too expensive when it's clearance and currently a liquidating extra 60% off. sigh
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Delisted companies then go to OTC and finally Pink Sheet, if they don't cease to exist completely
30 days of bid price under a $1 initiates process. Companies then have 180 days to increase bid to over $1 before being delisted.
@wlv - NASDAQ and NYSE will delist a stock when the price goes below $1 for 30 days in a row
@asm love it & love that your randomly generated id is asm. We used to have them at my Sears store.
Buy, buy, buy!!!!!!
It's hovering around 2 points, but 2 points? They might be delisted by the end of the week. I don't think Eddie buying up the stock will help this time around.
Moodys, Fitch, and S&P will downgrade SHLD's credit rating to default this week.
The stock will be delisted from NASDAQ in March.
@asm - Love it!!!
Last I knew NASDAQ was the home of the penny stocks. Do they still have OTC Pink Sheets anymore?
At 1.97 the stock will be officially marked down to clearance pricing! Get ready to slap a pink ticket on them. However, don't put the SNC and printer away just yet, there's sure to be another clearance mark down to .97 shortly! When they finally go zero sell, just zero out any shares remaining in RIM. No need to send them to RTV, just dispose of them in the dumpster.
Is there a minimum price required before nasdaq will delist the stock ?
If we don't get 5 customers per shift to sign up for the SHLD stock buying plan our hours get cut in half the following week..
At this point the question will be posed to you how many points would you like to have?
How many SYW points do you get for buying it?
As of 11:30 the price has "recovered" to $2.04. It's down over 5% from Friday's close.
It's hovering around there, isn't it? I won't be surprised if by the end of the week it will be below $2.
Blue Light special!