Good time to browse through all the comments explaining how specs are a brillant idea and we <i>just don't get it</i>.<p><a href="https://news.ycombinator.com/item?id=12569182" rel="nofollow">https://news.ycombinator.com/item?id=12569182</a>
No, it will get delisted from the exchange at $1.<p><a href="https://finance.zacks.com/nasdaq-delisting-rules-7450.html" rel="nofollow">https://finance.zacks.com/nasdaq-delisting-rules-7450.html</a><p>I think Blue Apron (APRN) listed too early. It's currently at $3 (from $10 at IPO).<p>By the way, why would you take financial advice from someone who spends 5 seconds thinking about your investment idea.<p>"Bear Sterns is fine!" @ $60 -> $4 (3 days later)<p><a href="https://www.youtube.com/watch?v=-6u1kG7yuy4" rel="nofollow">https://www.youtube.com/watch?v=-6u1kG7yuy4</a>