Where is the value? Everywhere one looks. For starters, I would advise you to get informed about the U.S. economy and trends in the economy. Then I would suggest you learn how the economic story drives the stock market and LOW stock prices. Start with messages I have posted on this message board. Ask questions if a post doesn't make sense. It is important to understand what I have written if you are ever to be consistently successful as an investor. (I have not missed a major turn in the market in 50 years.)
Thanks for comments. I am fully aware of economics issues and have been an investor for many many years, especially in LOW. I understand the market is forward looking, but do not feel that LOW should be no where near current levels.
You will see this stock back at 35 in the short run, then it may be a buy. No me, not at this level.