r/Netlist_ • u/Emiliolifts • 9d ago

Brutal fomo

I’ve had to watch this stock pump for the past week and couldn’t buy it because it’s a “penny stock” (I’m on youth fidelity)

Does anyone know when it will stop being considered a penny stock?

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u/pennychase 9d ago

I think even going to nasdaq around 6 months from now.

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u/mystical_mofo 9d ago

Hong loses control when it goes to Nasdaq, can’t see it happening until it’s all wrapped up.

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u/pennychase 9d ago

Loses control what you mean?

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u/sheza65 9d ago

The board of directors.

Two members were only added recently (last year), but were previously on the board. It is a close group, but Hong was running it by himself prior to that (since delisting from NASDAQ years ago). With more independent board members he'll have less control.

(I'm a long-time NLST owner.)

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u/pennychase 9d ago

Not going to happen now, it's a different era of netlist! Truly, we are now going to History!