Will The Nasdaq Finally Delist Ominto Inc. This Month – ValueWalk Premium
Ominto

Will The Nasdaq Finally Delist Ominto Inc. This Month

The author of this article is SHORT OMNT

Since we warned investors about Ominto Inc (OMNT $OMNT) last June, its stock has declined almost 50%.  Despite this precipitous decline, we believe the stock will eventually fall even further because we expect the company to attempt to raise capital and to eventually be delisted as a result of the questionable accounting the company utilized to obtain its Nasdaq uplisting.

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk