let me give you a taste of what next earning be like!
and you make you decision:
miss, lowered guidance, and reverting to negative cash flow and losses for the rest of 09. lay offs, production cut due to lower cost and demand. Challenging environment going forward, tight credit market and need for additional fund through share offering only.
if you think this stock can survive that flood of bad news , go ahead and long. I say $4 will be within striking distance, and possibly lower for the rest of the year.
In a nut shell, you're in for a much worse earing, outlook and guidance than the last quarter which saw this stock at $5.60 lows.