dlfurman opened this issue on Aug 19, 2011 · 124 posts
Penguinisto posted Mon, 22 August 2011 at 9:19 AM
Quote - Can't believe I've never noticed before, but is Daz 3D, Inc. NOT a publicly traded company? Just looked and couldn't find a stock symbol for them.
They're privately-owned. Dan and Chris founded it when they left Zygote back in 1999 or so.
Quote - For a publicly traded company, a 90% share price drop in less than a year is generally considered circling the drain. Also, if the price drops below $1 a share, the company will be de-listed (no longer exchange traded - it goes on the pink sheets with the penny stocks from Vancouver).
Actually, that depends on a lot of factors. If SM has a ton of cash in the bank, they can hang on for a surprisingly long time.
For starters, take a gander here:
http://www.google.com/finance?q=NASDAQ:SMSI
...and here:
It looks bad, but honestly, the economy has been the suck all around. Smaller companies just feel it worse than the big boys do.