Sun, Feb 1, 2015, 4:10 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Proxim Wireless Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rio140 rio140 Apr 21, 2009 10:33 PM Flag

    Why would they want to delist voluntarily?

    They can print but who would buy/invest. It's obvious that company is going down the drain.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Maybe they want to be pro-active about things. I noticed they could have reversed split their 23,000,000 shares to almost nothing just to maintain Nasdaq listing. That wouldn't makes sense. This company is probably the best OTC:BB going @ .10 Personally, a good bet that they want to focus on business for the short term prior to relisting or selling the company. I think the float is only 14,000,000. It wouldn't take much from Time Warner, Viacom or others to gobble this thing up for a couple of bucks. Nice risk reward IMO.
      J

      • 1 Reply to ayersjj4
      • Put the crack pipe down.

        If the company is sold....you get nothing. "They" (the people that ran it into the ground) will get golden parachutes. What does that make the stock worth?


        BTW: They finally listened to the advice I've been giving them and got rid of a failed sales managment. It only took a year. To bad they kept one of them and demoted him to a channel postition. REally, silly since the channel does not trust him. But, that's Proxim.

        Bruce

 
PRXM.PK
0.660.00(0.00%)Oct 30 2:13 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.