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Salon.com closes at $0.01
Drudge ^
Posted on 10/05/2002 9:31:04 AM PDT by Straight Vermonter
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To: wideawake
There will simply cease to be a public market for it. As I understand it, after the company gets delisted from the NADAQ small caps market, it goes to the pink sheet "penny market" where the lack of liquidity will be very significant.
Salon can go on without being listed but it will not be the same.
41
posted on
10/08/2002 4:29:57 PM PDT
by
Drango
To: Straight Vermonter
Can we say "delisted?"
42
posted on
10/08/2002 4:31:00 PM PDT
by
Poohbah
To: Drango
Exactly. Shares on the pink sheets trade by appointment only. They're the kind of securities that the guys from "Boiler Room" use to bilk their marks.
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