GREY:SRSCQ - Post by User
Comment by
extremeriskon Feb 10, 2016 7:42pm
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Post# 24545754
RE:The SP is dropping like crazy.....
RE:The SP is dropping like crazy.....Volumes are way too low. I think whoever is short has easy time driving low volume stock down but how are they ever going to be able to buy to cover short. I was buyer today and will continue to buy before results. Don't see how 4.30 a share with close to $4 cash is not a great deal. Thought about bankruptcy risk or target style shutdown but all shareholders would be entitled to proceeds from shutdown. They do have no debt. Berkowitz bought more in September. Spinoff was over $10 a little over year ago. Stranzl can raise the dead. With $120 opex cut and $3 billion revenue run rate they will be fine. Also there are more assets to sell.