I keep asking you all if you think it may have been the vague comment on the conference call that seemed to say they plan on spending a ton on projects for the next 2 years. Sounded like spending more than they take in. But then again the way he said it all was so screwy that you really don't know if that is what he meant or not. Listen to CC.
No, where did you get that number, out of your @##? We may see some support at the 52-week low of $19.27, but if we break below that and stay there, next support bottom could be in the low $16's. I believe you would be lucky to see low $18's or high $17's before some value investors show up to support diving further (barring a market selloff.) I'm considering the future earnings estimates and P/E in my assessment.
Sorry, but you can talk $14's all you want but you won't see that price anytime in the near future. The bottom feeders will come in and support the price before it gets that low.
Its hit 19 back in early december, if there is a large market pullback it could for sure keep falling. not sure about 14, its bounced off these levels a few times, will see how it reacts. trend is pitiful for sure.