Pace, I actually disagree with you on this one. Pal had a 60% chance of bankruptcy, but new financing takes that off the table. Near term operations aren't the driver, viability will be. Won't be a rocket ship, however, I now expect $2 by year end. This will also prove a great trader. BOD still loaded with liars, amateurs, cowards and thieves, but you can finally begin to make money here. I am a buyer and don't care if it trickles a bit lower first.
Well rusty I hope you are right for your sake. Also, I still am closely watching this all for any turn around but I keep getting back to the fact that if under all these favourable MACRO circumstances, (South Africa, strong auto sales, etc. etc.) PAL is still langusihing, I just can't see the stock going up a lot.