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From this morning's Houston "Chronicle":
Ashford.com may lose Nasdaq Listing--"Online retailer Ashford.com received a warning letter from Nasdaq that its stock may be taken out of the national market listing system because its stock price is too low. Ashford.com has until July 9, or 90 calendar days, to have its stock reach a bid price of $1 or more for a minimu of 10 consecutive days. If that does not happen, the company could be dropped from the widely followed listings."
The stock closed at $.62 yesterday. The company has not traded at or above $1 a share for 10 consecutive days since early in December.
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