Friday, December 28, 2007

SCO bumped off Nasdaq

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The SCO Group has been removed from the Nasdaq Stock Market because the company declared bankruptcy in September. The stock market delisted SCO and suspended trading of its shares (SCOX) at the beginning of trading on Thursday, SCO said in a filing to the U.S. Securities and Exchange Commission. Nasdaq had told the company in September that it would be delisted, and SCO's subsequent appeal of that determination was turned down.
WOW! The have been out since Sept 2007 and it took the Commission nearly 4 month to bump the off of the stock market? Talk about red tape! They should have thrown this evil company with all these wrong doing a long time ago! SCO is a complete 'fail' and not it is dead! Whoohooo!

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