posted
This company was recently delisted from the NASDAQ. The stock has fallen over 12% since the delist date of February 12,2004. Profits continue to shrink and salaries remain excessive. Book value appears to be about $20 per share. Does a pink sheet listing bode ill for this stock?
Posts: 1 | From: Poncha Springs, CO, USA | Registered: Feb 2004
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BB A delisting from an"EXCHANGE" any exchange, means they cannot meet the rules of "that" exchaNge" usually it is a reporting issue, and it is never good, sometimes the "Reporting" issue is resolved an and confidences resumes. Expect a decrease in price and uncertainty. This is where your "PLAN " comes into play. If the company fundamentals are good, DON'T WORRY. Otherwise reduce position. IMO VAN
[This message has been edited by VNGNTN1 (edited February 15, 2004).]
Posts: 1424 | From: Peoria, IL. USA | Registered: Oct 2003
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