I am actively accumulating and averaging down through the drp with lots of hope for the future. I too have great expectations based on efforts in automotive industry primarily. I would love to hear others' (current) take on their situation.
Don't have much to offer - the only reason I can see for the price continually dropping is that it is being beaten down as a small cap in this uneasy market. Many are probably leaving this one for something on higher ground (blue-chips, bonds or cash). There may also be some correlation with institutional ownership and the changes in the analyst ratings. I haven't looked lately to see what insiders are up to. Maybe I'll do that now.
I've been wondering about this one also. The only addition I can make is that there's not much cash and they are levereged (Total debt/equity approx. 1.2) Also, the strike hurt quite a bit and it will take a while for that effect to dampen out. Who knows where it would be without the dividend, which provides some good support. I wouldn't expect it to trade at a yield above 4 to 4.5%, which would be at price not below 13?