Wow what a great call! The stock is around $4 and they just now decided to downgrade it to a sell! They told us to buy in the $30s. Who listens to these idiots? They thought it was a great buy in the $30s but a sell at $4. I sold in the 30's and now I guess I have to buy at $4.
Breaks the company up? Any thoughts on what stays and what goes? First shot is mine, they get rid of xpedx and uncoated/bleached board. Rest stays. xpedx and the white stuff are tied at the hip, with the eemphasis moving to packaging equipment and supplies for jan/san, there is little crossover with the huge exposure to brown packaging stuff. Plus, they continually shutdown and move away from the bleached market in the US. Any thoughts????????????