Posted On: 01/27/2016 10:45:33 PM
Post# of 51
A quick profit sure! Pump and dump? Mabye... Maybe not. Volume was 8M LMFAO! I call that a profit on paper!
Just a reminder bud. here's what the "E" means per the SEC.
"E" Added To Stock Ticker Symbol
When a company that trades on the Nasdaq Stock Market or the Over-the-Counter Bulletin Board (OTCBB) falls behind in its reporting obligations with the SEC, the letter "E" is appended at the end of the company's stock ticker symbol. New York Stock Exchange-listed companies that are late in filing required reports to the SEC have the initials "LF" added to the end of their stock ticker symbol.
Markets have different approaches to companies that don't file required reports in a timely manner, or that file incomplete reports. For instance, on the OTCBB, after the "E" is added, the company is given a "grace period" to submit a complete report, typically 30 calendar days for U.S. companies and 60 calendar days for most U.S. banks and non-U.S. companies. If the company files complete required reports during the grace period, the "E" will be removed; if it does not, the company's stock symbol will be removed from trading on the OTCBB. For more information, please read the following:
FINRA Rule 6530
NASDAQ's Frequently Asked Questions on Continued Listing Standards on The NASDAQ Stock Market
NASDAQ's List of Companies that have fallen out of compliance with NASDAQ's listing standards
Section 802.01E of the NYSE Listing Manual
Just a reminder bud. here's what the "E" means per the SEC.
"E" Added To Stock Ticker Symbol
When a company that trades on the Nasdaq Stock Market or the Over-the-Counter Bulletin Board (OTCBB) falls behind in its reporting obligations with the SEC, the letter "E" is appended at the end of the company's stock ticker symbol. New York Stock Exchange-listed companies that are late in filing required reports to the SEC have the initials "LF" added to the end of their stock ticker symbol.
Markets have different approaches to companies that don't file required reports in a timely manner, or that file incomplete reports. For instance, on the OTCBB, after the "E" is added, the company is given a "grace period" to submit a complete report, typically 30 calendar days for U.S. companies and 60 calendar days for most U.S. banks and non-U.S. companies. If the company files complete required reports during the grace period, the "E" will be removed; if it does not, the company's stock symbol will be removed from trading on the OTCBB. For more information, please read the following:
FINRA Rule 6530
NASDAQ's Frequently Asked Questions on Continued Listing Standards on The NASDAQ Stock Market
NASDAQ's List of Companies that have fallen out of compliance with NASDAQ's listing standards
Section 802.01E of the NYSE Listing Manual
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