Thanks Homer,
So that takes the deadline to get the stock to over $1 out to the end of May, 2010...
Type: Posts; User: Demian
Thanks Homer,
So that takes the deadline to get the stock to over $1 out to the end of May, 2010...
What was your source? Can you post a link to your source?
Thanks for all your research Homer.....
Demian
Homer, you are using calendar days and I am certain that they are business days...
Because SIRI will have 30 business days after April 20th, '09 before they get notice from the Nasdaq and then another 180 business days after that which brings it into 2010. They can get extensions...
With this extension, that pushes out any delisting risk until 2010. That means SIRI has all of '09 to get their stock price above a dollar....
This is great news. No RS anytime soon.........maybe never.
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