RE:RE:RE:RE:RE:RE:Taking it in the ChinAgreed.
However a 2-3$ price target is ridiculous and implies literally 0 growth and minimal value to intangibles. RBCs is more reasonable - although they took awhile to reduce the multiple.
Either way its a waiting game now. Longs will suffer. Its retail longs vs. institutional shorts lol. Unless management puts out decent reports and performance longs have no hope.
Im in the optimistic group. They have had a year to integrate the business which is normal. All of the bad news has been priced in. The company now has to focus on business i.e. dealing with competitive pressures (reducing margins), expanding pipeline, and building confidence.
My mentor always told me its easy to close the door and very hard to reopen it when its closed.