Top Penny Stocks July 2011 : Profiting From Delisted Penny Stocks - Profiting From Delisted Penny Stocks
A stock is said to have been delisted when It's prohibited from trading in a significant stock exchange. Delisted stocks turn into penny stocks relegated to over-the-counter markets. Delisting takes place when a enterprise fails to comply with the listing Specifications of the exchange, including meeting minimum share costs, business capitalization, and sales levels.
Stock exchanges have stringent Needs. To obtain on the Nasdaq, for example, companies have to have at least $8 million worth of outstanding public shares outstanding, with the stock cost of at least $5 per share. Companies should expect to pay as much as $100,000 in fees if they require to obtain their stock listed on the Nasdaq. Penny stocks trading on the OTCBB too as the pink sheets don't have to fulfill su ... [Read More - Top Penny Stocks July 2011]
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