It looks pretty bad for the home team here. They also have another contract completing this quarter also.
I think that they will survive if they want to but will be because they totally leave the region and get contracts eleswhere and just wait for better times. The contracts will be pretty low judging the situation of the industry as a whole.
I really hate seeing this happen to this company. Has anyone checked to see if institutional ownership has dropped from its previous 30%? [ THIS FIGURE IS FROM A TIRED MEMORY SO CORRECT AWAY ! :)]
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