Plain and simple ....this POS is on borrowed time .....it should have been below $3 a long time ago ....but in the perverse world of Wall St .....it has managed to stay between $5 and $ 9 for months and months....Thurs earnings disaster should at least bring it below $ 4.50 .....I doubt we will see $ 3 but it certainly deserves that low of a valuation .....the stock is a joke ! BK coming ...just a question of how soon !
The upcoming "earnings" - ( i.e. Disaster report ) on the 7th should easily push this POS to fresh all time lows the sales and pricing and overall business condition is DISMAL .....it's just a matter of time !
so what .....like that is meaningful or helpful to anyone !
The real question is why this POS is above $ 4 ......based on it's ultimate bankruptcy it should already be trading below $2 /share .......
the next qtrly report in less than 100 days will be as horrible as all the others or worse ....then MCP will see new ALL TIME lows ....the only question is how low !