RE:Some ObservationsThis is the most level headed posting. seen do far. The damage to the price has also been exasperated at the time when stimulus money is unwinding. The stock market now is at a record low in liquidity as well. My question to you however is why would the worst case scenario
iknownothingalot wrote: Like Bill Ackman I should have been out of this stock and never come back. There has been a tremendous amount of technical damage to this share price that will take years to repair. Longer term shareholders must now align themselves with Ackman and his ability to repair the company and its stock price. First, understand that the significant volumes that we have seen to the downside the past week are not shorts (Chanos and his ilk can only short so many shares)many of those large investors who are not prepared to put more money in are rotating out of the stock putting downward pressure on the equity add to that some shorting and weak retail and you have the perfect scenario. Either way, a retest of the $25.32 low from March was inevitable, hopefully this will be the last test. For those expecting a quick rebound I suggest you review your expectations as it will take time to heal the wounds ( negative headlines are still overwhelming and will be for awhile) and it will take some time to truly determine Fair Value. At the end of the day my worst case scenario is a split of this company into three seperate listings as Tyco did a few years back.