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Penny Stocks Suze Orman : 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 businesss. Delisting happens when a company fails to comply with the listing Specifications of the exchange, including meeting minimum share prices, market capitalization, and sales levels.
Stock exchanges have stringent Needs. To get on the Nasdaq, for example, companies require to have at least $8 million worth of outstanding public shares outstanding, with the stock price of at least $5 per share. Organizations need to expect to pay up to $100,000 in fees if they require to obtain their stock listed on the Nasdaq. Penny stocks trading on the OTCBB as well as the pink sheets don't have to fulfill su ... [Read More - Penny Stocks Suze Orman]
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