Hi @David@PeterA and the whole T212 community, I was wondering if very small cap stocks are at risk of being delisted for the reason of being too illiquid with extremely low trading volumes and volatility. For example I own one CSBB a small bank in Ohio which moves seldomly sometimes not even once a week:
Yes, you’re right, it’s a real risk, specially if it is on a major stock exchange like the NYSE or Nasdaq.
But that stock is already on OTC/Pink Sheets, their stock requirements are low, you have to see their stock requirements to be traded.
One consequence of a stock being ilĂquid is:
The wider spread Bid-Ask
The difficulty to exit (sell), specially on sell-off environments
Higher volatility
Sensible to pump and dump phenomenons
More easy to be burned (bankruptcy) by short-sellers
Trading platforms could “delist” or demand higher amount investment on that stocks
Note: On Bloomberg, Yahoo Finance and other financial sources, their last price was $37.50, so between that and the T212 price ($37.35), there is a -0.4% difference.
Haha I thought I was good at pretending to be Cristiano Ronaldo yeah the greatest player together with Messi. Sad that probably he will leave Juventus this year…
If he leaves, Juventus gets more free money. Isn’t he the most expensive player on Juve? And unfortunately he didn’t win any Champions League in Juventus.