People are forgetting the hedge funds/vultures are circling Obviously the business as a whole or in parts are worth much more then current value. There are so many variables to look at that obviously are not my expertise. Tax loss credits for research, tax consequences. It is difficult for retail investor to know the sum of all parts of this business. My thoughts are can it go down much more? Not likely due to the variability of price targets and ratings. Sure CIBC is 7.50 Scotia was 30 usd now dropped to 20 USD and sector outperform. There are higher ratings then that as well. Debt is not due for 4-5 years. Sell some non core products and focus on the bread and butter. Run a lean ship; trim some fat.
Buy some puts for insurance. Anyone with specialized knowledge is welcome to comment. I am just providing a different perspective that may or may not be what a person needs to know.
good luck to all and do your own due dilegence.
Sasky