Company has a pretty high debt level facing unfavorable market conditions. And management talking about acquisition opportunities, which will be closed till the end of Q2. That's why BAS is down today. Not sure if I did a right thing , but I added to my position at $12.30 today.
this company was traded in $36-$40 level a year ago.. it has dropped more than 60% and continued to drop.. is there any silver lighting in the horizon or big money already checked out and hedgies are shorting this sucker until it gets to zero.. I might pull the plug and lick my balls..I meant lick my wounds..