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Below is a list of today's twenty-five most distressed stocks (according to their Altman Z-Score or Z''-Score, respectively) with a share price of $5 or higher. For details on how this ranking list is compiled, please click here.
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GSIG - Hats Off To "Above Average Odds"
After seeing his write-up on the post-bankruptcy reorg play GSI Group (then LASR.PK) on GuruFocus last October, I picked up a few shares of it ( http://www.gurufocus.c... ). It listed on the Nasdaq today as GSIG. Took a look back at my pre-reverse split purchase price today and saw I'm up 50%+ on this since 10/30.
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Held too long here, but sold today for at $10.32 for a 22% gain from where I bought it.
And a reminder about our contest, where you can win an iPad 2 if you post here before the end of March: http://steamcatapult.c...