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Post by novafett on Mar 12, 2020 9:08:33 GMT -5
Any thoughts / concerns on this dropping sub $1 and how that changes managements approach in the days ahead? Talk about perfect storm. SMH  |
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Post by peppy on Mar 12, 2020 9:18:30 GMT -5
Any thoughts / concerns on this dropping sub $1 and how that changes managements approach in the days ahead? Talk about perfect storm. SMH being bought, I mean shorts are covering. |
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Post by porkini on Mar 12, 2020 9:33:35 GMT -5
Any thoughts / concerns on this dropping sub $1 and how that changes managements approach in the days ahead? Talk about perfect storm. SMH , I mean shorts are covering. Me too, I bought some, I'm not short/covering.  |
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Post by rickf on Mar 12, 2020 9:41:26 GMT -5
My thoughts we are F____D! This thing just cannot get out of the basement!
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Post by mango on Mar 12, 2020 10:25:36 GMT -5
Everyone except $INO is red in mango's watchlist today.
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Post by peppy on Mar 12, 2020 10:27:23 GMT -5
Everyone except $INO is red in mango's watchlist today. They got some federal money? earnings tonight. |
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Post by novafett on Mar 12, 2020 10:41:40 GMT -5
I'm just concerned about them having to dilute again in order to not end up being delisted. I know there's a grace period but don't recall how long it is. Never expected in 1000 years that this would drop below $1 again. GAh!
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Post by uvula on Mar 12, 2020 10:43:59 GMT -5
I don't want it to happen, but I don't think it will make anything worse if it is delisted. It will already be difficult to raise money.
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Post by porkini on Mar 12, 2020 11:19:44 GMT -5
I'm just concerned about them having to dilute again in order to not end up being delisted. I know there's a grace period but don't recall how long it is. Never expected in 1000 years that this would drop below $1 again. GAh! Must trade below $1.00 for 30 consecutive days. Here's the detail - www.investopedia.com/ask/answers/09/stock-delist.asp |
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Post by mango on Mar 12, 2020 11:21:38 GMT -5
I'm just concerned about them having to dilute again in order to not end up being delisted. I know there's a grace period but don't recall how long it is. Never expected in 1000 years that this would drop below $1 again. GAh! Must trade below $1.00 for 30 consecutive days. Here's the detail - www.investopedia.com/ask/answers/09/stock-delist.aspAnd, even after that, they can get an extension. |
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Post by goyocafe on Mar 12, 2020 11:24:32 GMT -5
30 days generates a letter, from that time they have 6 months to bring the sp back up into compliance, I believe for 10 consecutive days to start the clock over again. Something like that.
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Post by sportsrancho on Mar 12, 2020 12:05:38 GMT -5
I don't want it to happen, but I don't think it will make anything worse if it is delisted. It will already be difficult to raise money. Of course it’s worse, then you’re in the pink sheets and it’s basically untradable, there’s no liquidity. We are not going to get delisted. But.. I just listened to Mark Cuban saying that Cramer was right on CNBC ..this is not over, I don’t think it’s the time to buy anything. JMHO They are saying the government has to make certain changes for it to bottom. |
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Post by sweedee79 on Mar 12, 2020 12:39:11 GMT -5
We won't be delisted.(that would be bad). there is a long process before that happens.. and if it came to that we would do another RS.. and it's all painful...
I agree with Leanne, this isn't over... Shorts are loving this pandemic..
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Post by mytakeonit on Mar 12, 2020 13:12:22 GMT -5
Think what you want ... but, duct tape over Trump's mouth will probably save the economy  And world for that matter. But, that's mytakeonit |
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Post by ilovekauai on Mar 12, 2020 13:48:17 GMT -5
Well. the way I see it is; live. Losing money like we all are presently is far better than dying, so survive! We have to get through this, and we will, together. So, ride the tiger friends, ride the tiger.
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And world for that matter.