Posts Tagged ‘certain’

Why does Nasdaq delist only certain stocks under $1, but not others?

Saturday, May 29th, 2010

The reason why I ask is because I own one “penny stock” which has gained over 100% in 1 month and 3 days, yet is still under $1 (from 36 cents to 78 cents).

I keep watching to make sure it does not get a notification of delisting. Per Nasdaq, stocks must not fall below $1 but many do without getting delisted.

Is there a law in New Mexico prohibiting someone below a certain age from buying and selling stocks?

Sunday, May 23rd, 2010

I am a 13 year old in New Mexico, i am interested in the stock market, i have been watching a penny stock that fluxuates between 1 cent and 3 cents. I was just wondering if there was an age limit for the stock market.

Please give me an answer with proof of where you got your answer.

I have done alot of research and i know what to do, all I need to know if there a law that wont let me buy and sell with the stock market in NEW MEXICO. =]

thanks a lot

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