I would be surprised to see a direct 180 turn on this one. Looking at a April 12 buy-write @ 19.00 Currently at .80
yield 110% annual?? Makes me a buyer at 18.20-or could sell the 18.00 for 1.41 with a bearish thought-puts me in at 17.59. When is the dividend going to be cut??
agree unfortunately. street still not onboard. seems they want to push this stock into either bk or leveraged buyout. i would hope the board is seriously looking to seek an entity to offer a leveraged buyout for say 35-40 per share.i thought this stock had momentum to move to 25 next week and even 70 by year end, but ms and cs poiunded the company with downgrades. i suspect more downgrades and price targets will further move the stock price down. it seems very possible we could visit pre-china boom prices (6-9 dollars per share) if management fails to act soon. i'm in at 29.45, so i hope they come through.