JRCOJournal Register Company
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(Other OTC: JRCO.PK) closed at 14 cents; American Community Newspapers (AMEX: ANE) ended at 20 cents; and Sun-Times Media Group (OTC BB: SUTM.OB) would set you back a whopping 35 cents.
(JRCO.PK), whose price on the Pink Sheets fell 2 cents, or 13.33%, to 13 cents, a penny above its all-time low.
In mid-afternoon trading on the Over-The-Counter Pink Sheets Wednesday, Journal Register (Other OTC: JRCO.PK) was priced at 9 cents, down 1 cent, or 6.25%.
Journal Register (Other OTC: JRCO.PK) was delisted from the New York Stock Exchange earlier this year, and now trades on the Pink Sheets.
On low volume and with the over-the-counter market ticker running slowly, Journal Register (OTC: JRCO.PK) was trading at 20 cents two hours before the close, down 2 cents or 9% from its open.
Of the 13 publicly traded newspaper stocks E&P tracks, 11 were down on the day, with one, Journal Register (OTC: JRCO.PK) unchanged.
(OTC: JRCO.PK) was the day's biggest percentage loser, closing at 20 cents, down half a cent, or 2.38%.
Journal Register (OTC: JRCO.PK) closed a penny above its historic low at 17 cents a share, down 3 cents, or 15%.
Journal Register (OTC: JRCO.PK) shares have been delisted from the New York Stock Exchange because it could not keep its stock price or market capitalization above minimum listing requirements.
Journal Register (OTC: JRCO.PK) said it was in compliance with the total leveraged financial covenant in the first quarter of the year ended March 30, but it is likely to be in default in the second quarter unless business picks up in some unexpected dramatic way.