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NASDAQ DIP and RIP
(Total Views: 245)
Posted On: 07/26/2017 9:51:24 PM
Post# of 23061
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Posted By: wowhappens28
Re: OldSaltDawg #18360
OldSaltDog---The problem with RIBT here is they need the stock to trade at $1.00 or above for 10 consecutive trading days by mid September(I think that is the date, not sure). if they don't, they will need a reverse split to keep the listing, I feel the stock is in a very precarious place right now. Today was just day three. If they get the 10 days, up she goes, if not, probably down, unless they put out some good news. I might add right before the close a week from Friday if it looks like it will stay above $1.00 for 10 days on that date, assuming between now and then it does stay above.

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