In the and of the article says: "Now, throughout this entire process, you still legally own your shares in the company (should you choose not to sell them). However, delisting is generally regarded as the first step toward potential Chapter 11 bankruptcy. Should one of your stocks be delisted from a major exchange, it would be prudent to review carefully the reasons for its removal and the impact it will have on you as an investor - as you may not want to continue holding the stock."
And that is the PSUNQ story
No, I considering to unload whatever value left till 15th. Do I missing anything?
"The Company's common stock was suspended on April 14, 2016 and has not traded on Nasdaq since that time. On July 5, 2016, Nasdaq filed a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting will become effective on July 15, 2016, ten days after the filing of the Form 25."
I assume not all investors understated Taro's situation. They may think "Taro had great financial results with current CEO and when he is gone the result wouldn't be as good". I'm pretty sure the new CEO will be also dancing according to Sun's interests. So, I do not expect any material change. The volume intensifies with over 216K so far and almost $5 drop. Expect to recover by EOD.