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wickedgoodtrader

06-29-2005 09:29 PM

Nasdaq Regulations Question

A requirement for a stock to get on the nasdaq is it must have a bid price of $5 for 90 consecutive days. If a stock was say sittin between $6-$7 for 85 days and it got sold down real hard one day and hit an intraday low of $4.95 only to jump back up that day and close at $6, would that reset the 90 days?

tek	06-29-2005 10:41 PM

Re: Nasdaq Regulations Question

Your a wicked good trader and don't know this? And can't find the Nasdaq website??

OrangeCat

06-29-2005 10:53 PM

Re: Nasdaq Regulations Question

http://nasd.complinet.com/nasd/displ..._id=1159000635

I think section 4310 answers your question.

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