24/7 Wall St.
04-11-2008, 07:10 PM
24/7 Wall St. Daily News
Journal Register Co. (NYSE: JRC) has been given notice by the NYSE that its shares are slated to get booted off of the prestigious exchange. The NYSE said in its statement that the company failed the 30-day $1.00 average for 30 consecutive days. The exchange even cited its "abnormally low price" in the decision. We have featured this one on numerous occasions via our own "stocks under $10" and the "Old Media / New Media" weekly newsletters as one that was going to buckle under its own weight. We've even started identifying which newspaper stocks might actually be worth buying...http://feeds.feedburner.com/~f/typepad/RyNm?i=puSP1mG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=puSP1mG) http://feeds.feedburner.com/~f/typepad/RyNm?i=yLfIoIG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=yLfIoIG) http://feeds.feedburner.com/~f/typepad/RyNm?i=LFV3ihg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=LFV3ihg)
complete story here... (http://www.247wallst.com/2008/04/journal-regis-1.html)
Journal Register Co. (NYSE: JRC) has been given notice by the NYSE that its shares are slated to get booted off of the prestigious exchange. The NYSE said in its statement that the company failed the 30-day $1.00 average for 30 consecutive days. The exchange even cited its "abnormally low price" in the decision. We have featured this one on numerous occasions via our own "stocks under $10" and the "Old Media / New Media" weekly newsletters as one that was going to buckle under its own weight. We've even started identifying which newspaper stocks might actually be worth buying...http://feeds.feedburner.com/~f/typepad/RyNm?i=puSP1mG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=puSP1mG) http://feeds.feedburner.com/~f/typepad/RyNm?i=yLfIoIG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=yLfIoIG) http://feeds.feedburner.com/~f/typepad/RyNm?i=LFV3ihg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=LFV3ihg)
complete story here... (http://www.247wallst.com/2008/04/journal-regis-1.html)