February 13th PredictionsWhat's your February 13th prediction?
I believe there are 4 scenarios:
Scenario 1: They announce additional bad news and the stock craters below $1.
Scenario 2: They maintain the status quo and just regurgitate the same bad news that was previously released in January. In this case I believe the share price will rise slightly to the $1.40's based on the fact that no additional bad news is good news.
Scenario 3: They announce slightly positive news and paint a slightly rosier picture with regards to their plan to accelerate their debt payments. Nothing that would make a significant dent in their debt, but still better than the status quo. In this scenario the share price rises to the $1.60 - $1.80 level.
Scenario 4: They announce a major move to dramatically and immediately reduce their debt by the sale of 1 of their remaining divisions. In thie scenrario the share price will rise to $2+.