Hey Sellpig - I got to admit it, you were right for sticking with this one as a short. It doesn't apparently matter that there's a low P/E, if there's limited growth, no dividends and they're in the short-hair of the administration, the stock is destined to decline.
Maintains #$%$ Poor performance. Surprised that anyone would continue to hold the shares when they could sell for around $9. I'm expecting to see further dividend reductions (or should I say reductions in returns of capital to shareholders?).
I think that we should see CJES break down to around $19 or so. Great that the company does not pay a dividend with all its cash!
I presume that this is before the loss that they're taking on the sale of the Wealth Management Unit. If it is after, the stock would hit $15. We're getting hit really hard today - way worse that the general market.
You're probably right. March 11th, it closed at $10.50. Down 10% since then. I'm not buying any more shares.
Ain't no buy out. Some got ripped off by putting in a market order at the ask price. that's the problem with thinly traded stocks.