Sunny days are coming soon, Sell off usually creates more sell off and the 20% price decline is for many investors the threshold that they jump in at. Since we are almost 20% down since beginning of July, I would expect a moderate increase in daily trading volume and jump in the price in the next few days/weeks. It won't happen overnight because most analysts are still on the Hold/Sell side, so some potential newcomers are probably spooked - and regrettably they don't read Extremist posts otherwise we would already see his lower limit of $15 per share.
Also, at $5.20 the dividend yield is 4.5%, this is really attractive for income investors and any further decline in the price, thus increase in dividend yield, will entice more income investors.
Granted, Shaw’s shares floating on the market still put down pressure on the stock value, but once this float is absorbed – and last week significantly reduced trading volume indicates that we are almost there, we will see more sunny days.