The number of mortgage companies making the list is becoming unfair, but one of the most widely traded stocks in America also made the list.
Sirius (SIRI) Maybe it’s the merger. Maybe it’s that the merger won’t happen. Down to $3.21 from a 52-week high of $5.57.
Doral Financial (DRL) Nothing new here. The company warned about a cash crisis a few days ago. Dropped to $1.19 today, down from 52-week high of $11.79.
Americredit (ACF) Another victim of the subprime debacle. Not as bad as most. Hit a low of $20.45 today, down from a 12-month high of $31.70.
The Progressive Corp. (PGR) What a relief. A car insurance company. Bad earnings. Dropped to $21.15 down from 52-week high of $27.86.
VaalCo Energy (EGY) Wall St. did not like earnings. Fell to $4.68 today, from 52-week high of $10.45.
McClatchy (MNI) The big newspaper chain seems to make it every few days. Now down to $33.95 from a 12-month high of $51.53.
Warner Music Group (WMG) Been trying to buy rival EMI, but Wall St. seems not to like the idea. Down to $17 from a 52-week high of $31.
Viewpoint (VWPT) Internet marketing tech company has poor earnings. Drops to $.38 from a 12-month high of $1.93.
Audiocodes (AUDC) Makes tech for sending voice over packet networks. Revises forecast down. Falls to $7.24 off a 52-week high of $14.64.
Xinhua Finance Media Ltd (XFML) Chinese media company, just went private. Down to $10 from $13 a few days ago.
Drugstore.com (DSCM) Forecast a Q1 loss some time ago and CFO left. Nothing holding the shares above water. Down to $2.35 from 52-week high of $4.02.
Progressive Gaming (PGIC) Back on the list again. Fourth quarter worse than the year before. Shares down to $5.21 from a 52-week high of $11.40.
Douglas A. McIntyre
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