Good luck with this falling knife. Sentiment is so bad you should wait for at least a little good news, more than an Iphone 6 that is 1 mm. longer or some such.
Timmy could use some lessons on shareholder relations. He is doing ZIP to give some relief to holders who have lost many many billions. A littly divvy bump maybe? Not rocket science.
The trend is your enemy here. Everyone hates the stock so it's probably early to buy.
What kind of CEO would stand by and let this train wreck evolve on his watch. Maybe a small bump in the divvy? Maybe a share buyback? Something please. Us patient investors have lost 40%. Enough already!!!!
It means "watch out below" since this stock currently has NOTHING going its way. That may change with a great new product but its not looking good. Mid 300's is my near term guess.
I'm pretty confident that this stock will drop to mid 300s. Sentiment is just so terrible that it just can't go up now.
Sentiment: Strong Sell
Why bother with this stock when there are actually well run companies doing well. This is for Vegas style "investing". It may recover some day but why risk it?
This is a toxic stock with a seriously broken chart. If you want to play here, consider it just for short term trading in my opinion. The #$%$ dividend is not worth the risk.