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What happens when/if a company gets de-listed? Search engine gave me below[0]: "... company basically has two options. It can choose to trade on the Over-the-C
by rixrax 8y ago
What happens when/if a company gets de-listed? Search engine gave me below[0]:
"... company basically has two options. It can choose to trade on the Over-the-Counter Bulletin Board (OTCBB) or the pink sheets system...".
Some more [light] detail in linked 'article'[0].
[0] https://www.investopedia.com/ask/answers/05/delistingofsharesowned.asp https://www.investopedia.com/ask/answers/05/delistingofshare...
- wgerard 8y agoIt's a bit more difficult to trade shares, and brokerages will often have restrictions on trading OTC stocks for retail investors. It's also just generally a milestone that the company is really not doing well, so investors tend to sell and recover what they can.