RE:RE:RE:RE:RE:I warned everybody this was headed down the Nortel pathToday is last day of quarter for regular folks to panic/capitulate sell, tomorrow for institutions. Forced selling is always best time to buy.
The absense of news is about the worst thing happening right now, because if MAXR comes out tomorrow and says they are running at a 15% return on revenues aka US$300m EBITDA on their US$2b of revenues the stock would recover fast.
They are still getting US and CDN government contracts only the stock market hating on them for now.
This is probably the head in a large reverse head-n-shoulders that will take 6+ more months to recover and 2 quarterly reports.......ease in slow n steady