Post by
BottomBroker on Jan 17, 2024 9:56am
Comfortably above the $2 NASDAQ delist line
Doubt we'll move much from here for a while.
Comment by
M101 on Jan 17, 2024 11:01am
this may be too super-analytical, but ya
Comment by
BottomBroker on Jan 17, 2024 2:57pm
Ha. I like to keep things simple.
Comment by
M101 on Jan 18, 2024 1:02pm
Looks like we'll soon test "comfortable". The Boston group decided to do the dirty work just under $2 so presumably that's within shooting distance of whatever they need to keep it listed, and will do so. I had thought we were cruising in for a soft landing around $1.88 before the overshoot, but in the end it's all the same.
Comment by
M101 on Jan 18, 2024 3:46pm
I assume anyone with the influence to hold a significant naked short would equally have the influence to cover it with the placement. It's only illegal if you get caught and can't afford to fix it. It's like Trump revaluing his loans, no harm no foul when everyone gets paid.