RE:Big BUY Opportunity with PP Closing Thursday? I doubt it
Management killed all momentum in this stock with the private placement and then the subsequent bottom line miss (albeit that part because of a stupid accounting adjustment for the stock rising so quickly)
My guess is we lanquish down in the mid $2's for a while until they show a good earnings number in August (hopefully) and also show the integration of RRD is going well
I'm in no rush to add here. Will take another bite at sub $2.50's.
Just glad I sold some off between $2.75 and $3.40 back in April