I am starting to wonder if we all made the right move by buying into this " JUNK " as described. News coming out does not sound real promising so as soon as the stock gets up a little , I will be getting out completely. Should have gone with my insticts and stayed completely away from this .
I am with you. I just looked over their financials, growing quarter over quarter. The company hasn't looked this good in a LONG time. The revenue is expected to continue as the Hurricane cleanup and infrastructure replacement goes into place. I watched this one yesterday go down to within a penny of the previous low of 6.71, with the all-time low being 6.66
I bought at 7.04 and then again at 6.77 and I am hopeful for a rebound. If we can see an overall rebound in the DOW, Nasdaq, and S&P, maybe we can bounce back to at least fill the gap at 7.20 and then slowly work back to the 8.80 area which is a good mid-point of where the stock should be sitting before the "Manufactured Scare" of the markets by world powers.
Uh oh, Henry, bought in? I am not sure whether I want to be happy or sad about that. The reason being is that you have been bearish as long as I can remember. Now bullish, I am getting worried now?