Star Buffet (STRZ)
Company Profile: Star Buffet is a multi-concept restaurant holding company, operates throughout the southeastern and western U.S.Current Share Price: 63 cents (Jan. 3) 2010 Stock Performance: -81% Received Nasdaq Notice: Dec. 22 Management's Expected Action: Star Buffet has been provided 180 calendar days, or until June 20, 2011, to regain compliance with the minimum bid price requirement. The company said it will consider available options to regain compliance with the Nasdaq minimum bid price requirement, which may include effecting a reverse stock split. -- Written by Robert Holmes in Boston. >To see these stocks in action, visit the 8 Penny Stocks portfolio on Stockpickr.
>To contact the writer of this article, click here: Robert Holmes. >To follow Robert Holmes on Twitter, go to http://twitter.com/RobTheStreet. >To submit a news tip, send an email to: firstname.lastname@example.org.