Symons faces Small-Cap-Boat
Experts say OTC Drop “on the status would not be a big problem
On the heels of a seventh consecutive quarter of losses of more than $ 1 million, officials in the Symons International Group Inc., with the prospect, she proposes that the large panel on NASDAQ Over-the-counter “trade.
Part of the harvest is based on the ground and not more closely in recent auto insurer above $ 1 per day April 13, a day before the company publishes its annual report for 1999 which showed a modulation loss of $ 80 8 million last year. Symons reserves closed at 63 cents per share on May 17.
If Symons’ is not consistent course of action reach or exceed $ 1 over the summer, it is likely Drop-off, the NASDAQ Small-Cap market in the Over-the-Counter Bulletin Board, so that it is difficult for outside investors. Symons has never exactly apples on Wall Street for the eyes, but down on the OTC Bulletin.
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