There was an after the fact upgrade from sell to neutral. Should be good to take CNW to $1000.
Have you heard the trader's cliche that, "the market is what it is, but it is never 'wrong'."?
Ya well Wall Street also drove Nasdaq to 5000 in 99-00 and oil to $143 last year....I have seen no proper reasoning or justification to ahve this stock trading at these levels. NONE.
jlivingstone - I usually don't take any pleasure in seeing others experiencing bad fortune. But, in your case, I'm making an exception!
This short term noise in the stock is nothing surprising. What would be surprising would be for this market to continue rewarding companies that have huge declines in revenues and earnings.
Contary to most, i have the ressources and time to see this through the inevitable ultimate outcome for this company. Been at this for many years. No worries Bro.