06-13-2013, 05:19 AM
1145 commoncentsinvestor Dec 12 2012
Yes, DD, in the long run the Frankfurt thing is pretty meaningless. But in the present, it does have significance because
it might be relevant to the recent dramatic drop in share price. Even if the Germans could continue to trade it on another exchange, the very fact that it was shown as being delisted on the exchange they normally deal with is a negative and could have spurred many to just sell. With a stock as illiquid as DSNY it doesn't take much negativity to cause a drop.
it might be relevant to the recent dramatic drop in share price. Even if the Germans could continue to trade it on another exchange, the very fact that it was shown as being delisted on the exchange they normally deal with is a negative and could have spurred many to just sell. With a stock as illiquid as DSNY it doesn't take much negativity to cause a drop.
1148 Phil2010