RE:RE:....
I have no idea what you guys are expecting for q2 when everything is already on the table.
Bell (cfo) confirmed that even with inflation and the strike in q2, the loses (estimate 30m in q2) will be within the $ 300m range ( already announced in q4) for the completion of all the remaining lstk projects. So, there will be loses, but they will be within their expectations.
So on the down side, unless they are way off (market concensus EPS is at $0.33), like q1, the stock will be punished (maybe less because the stock is way cheaper now).
On the up side, if they annonce the sell of the company (won't happen), then everything is possible.
Now the only thing we can hope for is a bear market rally, so at least we can come in q2 in a better position ($25-28).
Anyways, who cares what the stock does in q2. This is a minimum $60 stock (going on $120). Haven't you guys learnd from all the posts here? The Buffett philoshy: you buy and hold forever. NEVER SELL. Even with the worst case scenario on q2 earnings day, it's to late to sell now, it was time to sell at $35, but hey, who wants to settle for crumbs?....................................