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Penny Stock Clothing Castaways : 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 main stock exchange. Delisted stocks turn into penny stocks relegated to over-the-counter businesss. Delisting occurs when a business fails to comply with the listing Requirements of the exchange, including meeting minimum share prices, industry capitalization, and sales levels.
Stock exchanges have stringent Specifications. To obtain on the Nasdaq, for example, organizations have to have at least $8 million worth of outstanding public shares outstanding, with the stock cost of at least $5 per share. Businesses very should expect to pay up to $100,000 in fees if they require to get their stock listed on the Nasdaq. Penny stocks trading on the OTCBB and at the same time the pink sheets do not have to fulfill su ... [Read More - Penny Stock Clothing Castaways]
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