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Penny Stock Clothing Csoc : Profiting From Delisted Penny Stocks - Profiting From Delisted Penny Stocks
A stock is said to have been delisted when It is prohibited from trading in a main stock exchange. Delisted stocks turn into penny stocks relegated to over-the-counter markets. Delisting occurs when a organization fails to comply with the listing Needs of the exchange, including meeting minimum share costs, industry capitalization, and sales levels.
Stock exchanges have stringent Requirements. To get 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. Companies ought to expect to pay as much as $100,000 in fees if they require to get their stock listed on the Nasdaq. Penny stocks trading on the OTCBB and also the pink sheets do not have to fulfill su ... [Read More - Penny Stock Clothing Csoc]
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