Hudson will move up but it may take awhile now. This coming quarter is historically a losing one. Results come out late because of year end audits (last year first quarter's results came out March 5) so we won't know for quite awhile how bad this coming quarter will be. Last year the first quarter results came out May 1st. That's the quarter that improvement should show up in...but it's 6 months away. We could be sitting on dead money here for awhile. I hope I'm wrong.
If the 4th Quarter is 0.0 eps we end the year with a 0.37eps on fully diluted shares. With a 10 P/E that is right about where we are now at 3.70 a share. Next year, with the decision coming for R-22 suppliers, they expect better EPS, one analyst has 0.45 for next year.
It could present a buying opportunity. You're right about the 4th qtr being a loser since nobody buys refrigerants in the winter. They mentioned that in the conference call. I'd buy more shares and sit on them if the share price drops.