Single digits? I am not so sure about that, seems to be at the point for a serious value trade. Thinking of getting in here at $14. May reconsider if the downside is below 10, but I do not forsee that. Trading at way less than book value, which of course could be a myth.
Well, here we are in the single digets. Yet, Mgt decides to float a Conv Pfd at 0%, diluting the stock/float another 15%, basically an attempt to save their owb jobs. Old story with bad ending. As I said:
Spin off Pictures & Music into a separately traded company to create value.
Sell off computers & semiconductors to pay down debt.
Downsize Corporate and overall Staffing by another 15% - 20% to streamline operations.
Focus on FUN: Consumer Products, Mobile & Games