SBS sinking

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Posted by Javier Delgado on April 18, 2011 at 23:40:33:

SBS going down, down , down
:As it is now, SBS stock ("SBSA") faces de-listing from the stock exchange "at the opening of business on Thursday, April 21." The problem is the stock trading price. Miami-based SBS first got a de-listing notice last October, when it was given 180 days to cure the problem by keeping the closing price above $1 a share for ten consecutive trading days prior to April 11 of this year. But that hasn't happened, and now SBS has requested a hearing from the the exchange by 4pm tomorrow (4/19). Unless there is an exception made, SBS stock could be off the NASDAQ later this week.

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: SBS going down, down , down : :As it is now, SBS stock ("SBSA") faces de-listing from the stock exchange "at the opening of business on Thursday, April 21." The problem is the stock trading price. Miami-based SBS first got a de-listing notice last October, when it was given 180 days to cure the problem by keeping the closing price above $1 a share for ten consecutive trading days prior to April 11 of this year. But that hasn't happened, and now SBS has requested a hearing from the the exchange by 4pm tomorrow (4/19). Unless there is an exception made, SBS stock could be off the NASDAQ later this week.

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