This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Penny Stocks Get Delisting Warning

TeamStaff (TSTF)

Closing Price: 50 cents (June 29)

Six-Month Stock Performance: -32.9%

Received Nasdaq Notice: June 1

Management's Expected Action: The Nasdaq has provided the staffing services company with 180 calendar days, or until Nov. 29, to regain compliance with the bid price rule. TeamStaff said it is "considering alternatives to address compliance with the continued listing standards" but didn't mention the options it was looking at. Shares of TeamStaff traded near $2 in the past 12 months, but now sit at a 52-week low. In November, the stock listing was transferred to the Nasdaq Capital Market from the Nasdaq Global Market after TeamStaff failed to maintain a minimum market value of $5 million, as required by the exchange. This came as then-CEO Rick Filippelli announced his resignation from TeamStaff, citing "the company's strategic shift in its current business plan."
6 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
ABCW $47.86 0.00%
DYNT $2.88 -0.69%
INSM $12.14 -2.60%
OXGN $0.66 -6.29%
USAT $4.38 1.62%


Chart of I:DJI
DOW 17,807.54 +33.90 0.19%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs