PWE should announce a stock buyback over the next two years for about a billion. The company can always put in the qualifiers that the amount bought is dependent upon energy prices and amounts received from asset sales. This would have the added benefit of reducing the amount paid out for dividends.
I have traded small stocks for over 25 years. I believe they are trying to hammer it lower to take out stop loss orders. I think it depends if there is a big buyer at the $10.10 range if it goes lower.