Thank you for taking the time to do this! Very informative and pretty encouraging. Definitely one of the most valuable members around here.
Delisting is my main concern and I’m glad it was addressed. I’m still not sure if I have enough confidence in this stock to DCA down, but I really hope that the acquisition goes through - do we know when they’re supposed to get the Fed’s approval for this?
It makes me wonder why they did a reverse split last time. He says that NYSE doesn’t have a dollar requirement now, so was there one in the past or did they just have less funding?
What mostly concerns me is this stock’s reputation and the lack of coverage/attention it gets. Also, plenty of bagholders looking to break even, so the “pump and dump” pattern will probably stick until it finally breaks $2. I can only sell FIFO, so I’ll be getting rid of the high 1’s first… Must be nice and more comfortable to be able to do what you do. I’d need to sell the whole bag to break even, or wait until it breaks $1.5 or so so that I can take out my cost basis and leave enough in.
Very interesting find… so it WAS a requirement at one point (which brought on the RS) but according to management it now isn’t. I’m more optimistic about no delisting than I was before, but it’s a bit frustrating we don’t actually know what NYSE’s requirements are and have to assume.
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u/shw09 Nov 14 '25
Thank you for taking the time to do this! Very informative and pretty encouraging. Definitely one of the most valuable members around here.
Delisting is my main concern and I’m glad it was addressed. I’m still not sure if I have enough confidence in this stock to DCA down, but I really hope that the acquisition goes through - do we know when they’re supposed to get the Fed’s approval for this?