Do you baggies recognize this pattern from 3 months ago?
anything look familiar?
This time is totally different, they're done taking tax writeoffs, and playing with the pension figures; this time they just took a LOC they had at 3% traded it for one at 4.5% and then negotiated it down to 4% and borrowed a half billion to pay off borrowed money, then told the sheeple "look at how much interest we saved", then told sheeple they would be raising SSS 2% by changing the accounting procedures.
Last qtr it was soaring afterhours and then faded as soon as they said they burned $250M cash. That was the complete source of last qtrs fade. So, it was wait n see over the last 3 months hold pattern and most analysts remained cautious. I think we've reached the event horizon this time. Cash flow positive and now the turn around is totally for realz! =)