Things have only gotten progressively worst since . The outllook is getting progressively gloomier. Yet, the stock is over $32/share. If the market has any common sense there should be an adjustment in price soon.
Nope. All gloom&doom was priced in a long time ago. However, the gloom&doom never materialized and people got tired of waiting. Value investors snapped up all shares that gloom&doomers gave away for $26/sh in July. Bought quite a few myself. Sorry, they are not for sale until they hit $80/sh in a few years.