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Penny Stock

Handsrping stock dropped under a dollar yesterday morning and has not been able to climb back up. How long can a stock stay under a dollar before it becomes unlisted/delisted? If that is a possible outcome, what would that do to Handspring?

Nasdaq has some info on that. HS probably doesn't have much capital, and would have a hard time getting banks to loan them any more cash. I doubt they can even pay off their loans. Maybe they should merge with Palm (doing slightly better)...

Re: Penny Stock

quote:

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Originally posted by HindeR
How long can a stock stay under a dollar before it becomes unlisted/delisted? If that is a possible outcome, what would that do to Handspring?

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