Thought about this last night and this morning ... Although 3QTR results were fine, the outlook remains dim, management has not even hinted at a stock buyback, much less a dividend, their balance sheet is robust but their earnings forecast is terrible, even given their propensity to underpromise and overdeliver.
For some time I've held that these shares had something about them The Street doesn't like in a big way. Yesterday only confirmed that, with a lack of enthusiasm from anyone, management or analysts, on that CC.
I'm holding until the clouds clear. Don't care how cheap they get short term.
A buyout by Hasbro or Mattel for $10 would be welcomed news.
I've held this stock for a while now, but this is my first post on this board. Joe, you hit the nail on the head. My sentiments exactly, especially the Street's view of this stock. I was thinking as I was watching this stock fall in AH yesterday that a buyout at that $10 price would be almost a relief at this point. Holding as well, but the outlook has definitely worsened in my opinion.