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Penny Stocks Rare Earth : 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 happens when a organization fails to comply with the listing Requirements of the exchange, including meeting minimum share prices, market capitalization, and sales levels.
Stock exchanges have stringent Requirements. To obtain on the Nasdaq, for example, companies demand to have at least $8 million worth of outstanding public shares outstanding, with the stock price of at least $5 per share. Businesses really should expect to pay up to $100,000 in fees if they should have to obtain their stock listed on the Nasdaq. Penny stocks trading on the OTCBB and the pink sheets incredibly don't have to fulfill su ... [Read More - Penny Stocks Rare Earth]
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