Well, I thought I'd take a stroll through the old neighborhood and see what was happening. It kind of surprised me that, notwithstanding a share of CRMH now trading for less than a cup of Joe, the value-seekers could muster enough energy to purchase only 632 shares today. But times are tough everywhere. If you cannot buy more shares, you can at least drop a note to the board and audit committee letting them know how much you appreciate their efforts despite market headwinds. Stay the course, men!
What are the implications should this stock be taken off the NASDAQ? Would there be any scrutiny by rating services such as AM Bests? MArket cap is very small and continues to shrink. Should policyholders be concerned that Majestic underwriting staff is being laid off and rumours going back to Oct 2008 that chief underwriting officer resigned with no replacement?