Who on earth is buying this and why am I still posting? Curious as to what will happen and why it's even still trading. Also the odd person wanders over thinking they have found El Dorado. Hey I made money on this baby, but I sold and didn't hold.
From Stock Guru Stockguru.com: Price and Volume Alerts for Tuesday, September 5, 2006 - Featuring The Advanced ID Corporation ,Vesta Insurance Group, GoldSpring,Biotech Holdings, and More
Vesta Insurance Group, Inc. ( OTC: VTAI). - Friday's shares stayed even at $0.01300. The volume was at 546,835. A.M. Best Co. has revised the financial strength rating (FSR) to E (Under Regulatory Supervision) from C++ (Marginal) and the issuer credit ratings (ICR) to "d" from "b" for the property/casualty affiliates of Vesta Insurance Group (Vesta). Concurrently, A.M. Best has revised the ICR to "d" from "cc" for Vesta's parent, Vesta Insurance Group, Inc. (Other OTC: VTAI - News). Additionally, A.M. Best has revised the senior debt ratings to "d" from "cc" for Vesta's $100 million 8.75% senior unsecured debentures, due 2025 and to "d" from "c" for Vesta Capital Trust I's $100 million 8.525% deferrable capital securities, due 2027. All companies are located in Birmingham, AL.
Vesta Insurance Group, Inc. (OTC: VTAI) - Vesta, headquartered in Birmingham, Ala., is a holding company for a group of insurance companies that primarily offer property insurance in targeted states.
