The good will write down over 200 million was take already. Dividend being suspended 3-2 mo.ago when stock was 2.75 & some short players have driven this to 40 % over correction territory. Its oversold but can go lower. The co. needs to get pro-active with some news and I expect some soon to stop the bleeding. The short side s/b happy and move on.
I got in this at 2.70 a share when I saw insider buying. sold 4 times but had to buy back with this undeniable streangth. Look at the chart. this could go to 16.00 a share min this year. a 6 bagger. The co. sold off rv bus- iness and now makes cavco type park homes and modular only. Prospects must look much better. They do not sell financing like cavco but work with independent mobile home dealers direct. Look at 15 year chart to get a idea where their pps could go.!!!!!!!