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?
10-01-2002 07:10 PM
na2rboy
VisorCentral Writer
Registered: Mar 2000
Location: Richmond, VA, USA
Posts: 151
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)...
10-01-2002 07:36 PM
Keefer Lucas
Member
Registered: Feb 2001
Location: Atlantic Rim
Posts: 570
Re: Penny Stock
quote: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?
Absent a suitor (Sprint) they will declare something between a 10 and 20 to 1 reverse split sometime soon.
Penny Stock
10-01-2002 07:10 PM
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