I've been shaking that box under the tree and have been thinking that Santa brought a box 'o coal--too afraid to open it and verify my thoughts. Turns out I was right. I guess Mr. Edward I. Reich, Executive Vice President and Chief Financial Officer of Capstone, didn't want to ruin our Christmas and held this one for after the Company party as he was officially notified of this action on December 21.
So, where do we go from here? Cut losses and run, or take the chance that all of those "improving" Q/Q--Y/Y numbers will translate into at least a buck for 10 consecutive days by June 17, 2013? One would think that this "event" has been baked into the price especially considering that 5.5% drop in the last few minutes of the 21st. About 2.5 million shares exchanged hands in the last 3 minutes.
{The Nasdaq notification has no immediate effect on the listing of the Company's common stock on the Nasdaq Global Market. The Company will monitor the closing bid price of its common stock and will consider various possible options if it does not appear that it will return to compliance.}
So what else is new?
