How Knows, by this pace down 15 % a day, the stock will be 1 cent in 20 days. But usually the faster it goes down the higher will be the up move. I feel sorry for the shorts then. The news today is an old storry!
Good point here is my rational or justification as you will.
Well he shows up says he is going to turn things around and all so asks for is some time. I don't see that as all so silly. It is not like they haven't given an extension to any other company before. It happens and new leadership can be a reason to give IMNR some time. His resume is impressive. If I were one of the Nasdaq guys I would say "what do I have to loose. no skin off my nose. nice plan. here is the extension." IMHO
I think they will give the new CEO an extension it is no skin off their nose and he sounds like an impressive individual (why wouldn't they want to be gracious).
Why would they be want to be gracious, so if every company hires a impressive CEO, Nasdaq will not care about requirements or give them extention. Then what is the purpose of Nasdaq. You are being silly