As long as they maintain the dividend, the stock would appear to have relatively little downside risk. The open question is the dividend. If they can't bring the earnings up to at least match the payout, I'd be nervous. In any case, this appears to be a stock that has a fairly well defined trading range that must be traded actively in order to make money. The dividend helps, but not enough to think of this as a buy-and-hold investment. IMO, it's a "buy" below $12.50 and a "sell" above $13.25. Scale in and scale out and collect whatever dividends happen to come along in the meantime. I sold very recently at $13.45 and will buy it back at $12.50 and lower. Just hold your nose and ignore the stick that comes from the executive suite.