A good company but not out of the woods yet
"The Company incurred a net loss of $190.1 million ($1.01 per share) in Q4 2016 compared with a net loss of $98.3 million ($0.60 per share) for the fourth quarter of 2015." That's from the latest report. The losses in Q4 2016 only are bigger than the current market cap. What the Q1 2017 report will look like with San Dimas out of production for several weeks? The company has a potential and the assets but for now it's a falling knife situation. The only hope is a buy out but who would venture to inherit this tax issue and the problems with the workforce. It seems to me it's better to buy back in at higher prices if the issues are resolved than guessing if the bottom is already reached. But...this is just my opinion. I'll wait for the Q1 report to buy back. Unless it really got bought at these prices.