RE:RE:Today is the bottom - 5.35 is current price.abigreen wrote: I think it has place for another leg down.
Do you think in this climate , people will hold through the financials ?
Financials have limited risk as Irwin already said do not expect much more then last Q. He stated don't expect any writedowns. What is important is that Irwin guides towards the postive. An improvement in gross margins and rec sales will prove to help the SP. If he can do that and IF we get DD approval this Friday then there could be a short squeeze. I would still remain cautious but optimistic.