Well It took 3 months for them to revise avg estimate from 1.7 to .77
So looks like they can see only 3 mnoths in the future?
I wouldn't worry about them..
$10 from here is still a nice return.
Only thing is not to forget start selling when it moves above 11 range.
"I'm debating on selling everything and taking a beating and just moving elsewhere."
Yes, PLEASE sell and move on. Good decision. Go for it.
Of course, being short the stock, you've already sold. It's some panic buying you'll be doing in the future.
Right. Like buying the fresh express business for $855 a fewyears back ROFLMAO!!! A business that is not worth no more than $150 million at best. A nice little -70% return on that investment. Thanks but no thanks. This management can only destroy value with the cash. Watch them make another stupid acquisition at a ludicrous price.