Seems to me I bought in the low 3.80's as recent as Mar/Apr - what has changed that would limit the low to 3.93? Also consider that there has been 0.10 dividend since then a portion of which must be return of capital which, in my opinion, actually would reduce the book value and another factor to consider is the fact that NASDAQ recently bumped them off their 50 list. I am hoping to buy in the mid 3.70's or if not hold and get out and quit trying to make anything on this stock. It has been an aggravating 2-3 years since my entry into FTR was through a spin out from VZ.
I noticed last time I bought @ $3.99 a few weeks ago, it seemed to have good support, Just my humble opinion it will be supported down here. But I would agree that the stock has trended downward and one could justify further erosion of share price, but I feel they should be able to stabilize this puppy. If it drops into the low to mid $3.80s I plan to buy with my divy when it comes..