Guy on CNBC recommended it, and said the company should be worth something like $20/share. Also said once the 1.7bill sale, the balance sheet will look a lot better, less debt.
THe way I see it, they just need margins to grow and $15 could be seen in the next 3-4 months.
If the ANAL ysts downgraded the Stock they won't tell you when they're going to Upgrade the
Stock until it's Up and to late to buy...If they downgraded the Stock and shares went down
it means buy it now, it won't go much lower, the book value for this stock is $10.
I am expecting the Stock to go UP not down with this deal...They are going to wipe all their debts.
They have 1.69 Billion in Debt and getting 1.69 Billion from the Sale. Their Revenue will drop also
by 1.69 Billion give or take...So The revenue for 2013 will still be Solid, with No Debt and Low Shares...My estimate the Stock will go back up to $14-$15 after the Sale is closed.