Small Cap Profits.com Featured Article: (Nasdaq GM: ABCW)

Industry: Savings & Loans
July 6, 2010

Anchor BanCorp Wisconsin (Nasdaq GM: ABCW)

When the market lost much of its value a few years ago, some stocks, but not all, have regained their value. Others have continued to struggle despite some instances of recovery. Several companies received delisting warning notifications from the Nasdaq in June. Some of those companies are listed below with some of the relevant details stated. Companies have 180 days to comply and are entitled to appeal the delisting. Other companies have the ability to move their shares to one of the lower tiers of the Nasdaq. Here are some of them:

Received Notification: June 16, 2010

Compliance Required by December 15, 2010

Anchor received notification because the bid price of the Company’s common stock closed below the required minimum $1.00 per share for the previous 30 consecutive business days (May 6, 2010 through June 17, 2010.) (Rule 5450(a)(1) ) It is unclear whether management has any demonstrable plan to rectify the situation although they have sold off branches which resulted in net losses in June. Anchor also has missed five consecutive TARP dividend payments to date. The Treasury can step in and elect directors to the board if this trend continues. More information on ABCW can be found on the Company website at www.anchorbank.com