RE: RE: RE: RE: Asset sales ?????????? I understood the story plenty, kherson, which is why I sold at $5+. I had the option and considered buying at $3. However, I'm not a big fan of catching a falling knife on a dividend cut. Others may not mind that style but its just not for me. I'd much rather pay a higher price for something when some of the risk has been removed.
I think you are right though, the easy money has been made bouncing off sub $3. Given management's history of undergoing strategic reviews, their disapoinitng the market with a dividend cut, poor recent financials, and periods of long silence from the company, I wonder how much higher this will climb? I'll be surprised if this climbs significantly higher on no news (of course I could be wrong) but on the plus side the downside should be muted even on poor market days as everyone is waiting for a possible deal to get done.
again, regadless of how I play this, good luck to shareholders.