{"id":7043,"date":"2015-10-02T15:13:07","date_gmt":"2015-10-02T15:13:07","guid":{"rendered":"\/?p=7043"},"modified":"2015-10-02T15:14:46","modified_gmt":"2015-10-02T15:14:46","slug":"will-str-holdings-inc-nysestri-recover","status":"publish","type":"post","link":"\/articles\/will-str-holdings-inc-nysestri-recover\/","title":{"rendered":"Will STR Holdings, Inc. (NYSE:STRI) Recover?"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91522\/fsdavxcvzx.png\" border=\"0\" width=\"442\" height=\"197\" \/>STR Holdings, Inc. (NYSE:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a>) (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a>) crashed 51.89% yesterday, after being de-listed from the NYSE and ending up on the OTC Markets, but judging by today&#8217;s green opening, it may not take long before the ticker stabilizes and heads up once more. <\/p>\n<p>Truth be told, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a>&#8216;s <\/strong>downfall should have been obvious to anyone who&#8217;s done due diligence on the company. The reason given for the de-listing was <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a>&#8216;s <\/strong><em>&ldquo;failure to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million<\/em>&rdquo;.<\/p>\n<p>A glance at its latest financial report yields the realization that there is a good reason for the investor&#8217;s recent disinterest in <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a> <\/strong>&ndash; the company doesn&#8217;t seem to be doing too well.<\/p>\n<ul>\n<li style=\"text-align: left;\">Cash and cash equivalents &#8211; $10.4 million<\/li>\n<li style=\"text-align: left;\">Total current assets &ndash; $43.8 million<\/li>\n<li style=\"text-align: left;\">Total current liabilities &#8211; $9.2 million<\/li>\n<li style=\"text-align: left;\">Quarterly net sales &#8211; $8.5 million<\/li>\n<li style=\"text-align: left;\">Quarterly net loss &#8211; $5.9 million<\/li>\n<\/ul>\n<p>That array of numbers isn&#8217;t all that impressive &ndash; for the NYSE. However, in the context of the OTC Markets, they take on a whole new outlook. Even though <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a><\/strong> is having trouble making ends meet, it is still leagues ahead of most of the dubious penny stocks that make up the majority of the pinksheets section.<\/p>\n<p>So while <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a> <\/strong>obviously wasn&#8217;t welcome on the NYSE anymore, it may find itself right at home on the OTC Markets. The fact that it is a functioning entity will play a big role here, and it wouldn&#8217;t really be all that surprising to see the stock recover some serious ground before long, if it manages to avoid making disastrous announcements and filings.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91522\/fasfa.jpg\" border=\"0\" width=\"188\" height=\"63\" \/>Still, although the company may be in a whole other league, investors are advised to be careful and diligent when dealing with <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=<a href=\">STRI<\/a>&#8220;><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STRI\">STRI<\/a><\/a> <\/strong>stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STR Holdings, Inc. (NYSE:STRI&#8220;>STRI) (OTCMKTS:STRI&#8220;>STRI) crashed 51.89% yesterday, after being de-listed from the NYSE and ending up on the OTC Markets, but judging by today&#8217;s green opening, it may not take long before the&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1873],"class_list":["post-7043","post","type-post","status-publish","format-standard","hentry","category-news","tag-stri"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7043"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7043\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}