RE:RE:RE:Nothing has changed but the pricelast year the market was bitterly disappointed by the dividend cut caused by the need to hold credit ratingsd in th efac eof very high debt. That situation is reversing so the sell off over th elast few days even if it continues a little after the weakest quarter earnings will not be nearly as severe. I will not be surprised to see $20 before Christmas and certainly after 4th quarter earnings - but volatile yes. In a thinly trades stock with high short levels you can expect this but with great assets the long term reward should also be excellent . Gut wrenching while waiting though - I agree.
Lets just take a case of .73 + -.02 plus -.15 plus .57 all possible and two first numbers actual Thi stakes one to a FY of 1.13 and at 20 times this equates to $22.60 but even at 18 x top over $20.
Keep your eye on the time when less money is used to pay down debt and then you begin to see the longer term va;lue.