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It is hard for a stock to recover from a NASDAQ or NYSE delisting; although the process is seamless, getting to the point of being delisted is typically bad news.

The company typically has lost so much value that it doesn’t meet the exchange’s minimum price requirements or has not filed required documents (e.g., quarterly reports). Here are some recent delist-ees in 2014.

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L&L Energy

Although L&L ENERGY (OOTC:LLEN) chose to voluntarily delist, shares had already lost almost all of their value, and many were expecting the Nasdaq delisting. The GeoInvesting web site uncovered that the company was fraudulent, lying to investors about ownership of assets and on financial statements. L&L Energy is yet another example of the need to be cautious about investing in Chinese reverse merger firms.

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