why this stock down so much 4x fwd EPS book value of $10+ positive catalysts on horizon
spinoff of frontier telegraphed as Q1 2013, chataqua restructuring ahead of schedule, $100 million fixed fee net income after frontier spinoff. if frontier was worth nothing republic should be worth north of $5 easily on its own, maybe even $10. I think frontier worth at least $2 share. This is a $7 stock minimum.