[Photo:  Jim Cramer  -  Tulane Public Relations / flickr]

TheStreet, the struggling financial news site, has traded at below $1 for more than 30 business days. This means the site, co-founded by Jim Cramer, is in danger of getting delisted by Nasdaq. To avoid delisting on 6/12/17, shares of TheStreet will have to trade above $1 for 10 straight days.

Shares of TheStreet are down 40% this year, and declined 3.3% on Monday to 89¢.

Insiders, including Cramer - company’s largest shareholder with a 9.8% stake, have been buying up the stock on the cheap - trying without success to offset the 973,951 shares that Raging Capital and its chairman, William Martin, dumped on 12/13/16.

In Q3 for 2016, the company reported a loss of $1.2 million; Wall Street is expecting more red ink this quarter.

Jim Cramer.    Though he has no active role at TheStreet, Cramer, the host of CNBC’s “Mad Money,” is still reaping some nice rewards at the sagging company. While he draws no salary at TheStreet, Cramer will be paid a licensing fee by the company in 2016 of at least $2.5 million.