Yup, Robt Baird analsyst Terminally Stupid. Upgrading hours before company said it would do something ti raise cash/dilute etc and stay in covenants. THEN, the moron doidn't even revise after the call that should have been adjusted by a presentation that everyone knew was coming that afteenoon. He should lose his job fo stupidity./Gross negeligence.
He looks terminally Stupid to me. a few hours later there was a presentation by the CEO,
can be heard at cos website..
saying voiumes are flat and they'rer going to do an ATM or other finace to stay within covenants and reduce leverage.
that's why the stock is even-t-down
Only stupid aholes would buy before the coming dilution of some type.