This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

Stocks Under $5 in Danger of Delisting

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Phazar (ANTP)

Company Profile: Phazar makes antennas, wireless mesh network products, towers, support structures, masts and communication accessories.

Current Share Price: $3.45 (Feb. 28)

Listing Violation: Listing of additional shares and shareholder approval. The rule requires that Phazar obtain shareholder approval for the issuance of 47,000 shares issued for services rendered and a 40,000 share option, which the company announced in a Jan. 27 filing. Phazar was required to have notified the Nasdaq 15 days prior to the establishment of these equity compensation arrangements. The securities transactions pre-date Phazar's shareholder-approved 2009 Equity Incentive Plan.

Received Nasdaq Notices: Feb. 10

Management's Expected Action: Phazar has until March 28 to submit a plan to regain compliance with the referenced listing standards and, if approved, the company would have until Aug. 9 to meet the requirement.

Empire Resorts (NYNY - Get Report)

Company Profile: Empire Resorts owns Monticello Gaming and Raceway, a video gaming machine and harness horseracing facility located in Monticello, New York.

Current Share Price: 78 cents (Feb. 28)

Listing Violation: Bid price. The listing rule requires that a company maintains a minimum closing bid price of $1 per share for its common stock. Empire Resorts shares last closed above $1 on Dec. 31.

Received Nasdaq Notice: Feb. 14

Management's Expected Action: Empire Resorts has until Aug. 15 to regain compliance with the minimum bid price requirement. The company said it is considering actions that it may take to regain compliance with the continued listing requirements, but no decisions about a response have been made yet.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

3 of 4

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
LIVE $3.24 0.00%
NYNY $4.49 0.00%
ROSG $2.98 0.00%
AAPL $123.25 0.00%
FB $83.30 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs