BUY GSI Group Inc. (GSIG) – last $0.72
BUY GSI Group Inc. (GSIG) – last $0.72 – 10:46am EDT . GSIG supplies precision motion component products, lasers, and laser-based manufacturing systems to the electronics, semiconductor, medical, aerospace, and industrial markets worldwide. The Nasdaq Stock Market (“Nasdaq”) stating that the closing bid price of the Company’s common stock was below $1.00 per share for thirty consecutive business days and that the Company was therefore not in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5450(a)(1) (the “Rule”). The notice further states that the Company will be provided 180 calendar days, or until March 15, 2010, to regain compliance with the Rule by maintaining a closing bid price for the Company’s common stock of $1.00 per share or more for a minimum of ten consecutive business days. This notification has no effect on the listing of the Company’s common stock at this time. Even though action negative, in long term events will incrase value. Fundamentals adequate and management has executed a viable business plan, while going forwards earnings growth will be challenged, current stock prices justifies risk. Projected target price $ 2.50 . SPM+Game Theory 65 LONG indicates less risk at current price.
