these type of ratings are meaningless. they are formula driven and I have held stocks that were both upgraded and downgraded for no apparent reasons. that being said, these MM's are just raping MBND right now. oh well
it doesn't help, but i really think it is meaningless to a price decline right now. there is still too much underlying value to be trading at these levels. once the share overhang is removed from the sellers, it will move back up over into the low 3's. then the financing news will get it going a bit again.
very frustrating when a profitable company with ebitda in excess of share count is trading at these levels. but patience here will be rewarded rather quickly in my opinion.