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View Full Version : What happens when a stock becomes 'deficient'?


notreallyme
05-06-2008, 09:17 AM
*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

What are the ramifications of this? (ZICA if anyone is interested)

What happens to those who own the stock?

zeroEthix
05-06-2008, 10:02 AM
trades otc or pink sheets.

Ususally means that they weren't above a certain price level or volume decreased or other major requirements.

notreallyme
05-06-2008, 10:10 AM
trades otc or pink sheets.

Ususally means that they weren't above a certain price level or volume decreased or other major requirements.


Can it come back?

Can you 'buy' deficient stoocks?

zeroEthix
05-06-2008, 10:48 AM
Yes and yes.

http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf

http://www.nasdaq.com/about/FAQsContinued.stm

DW Simpson
05-06-2008, 11:13 AM
It takes a multivitamin.

A Student
05-06-2008, 11:15 AM
The liquidity goes down quite a bit...