OVERSOLD
Stock traded down based on secret tapes from 2014 and particularly harsh coverage. They even worked a reference to Bernie in there.
In said tapes, one or two people may have used magical accounting to move $200 million loss to an off-shore affiliate.
This company has a market cap of 2.4 BILLION dollars, a strong dividend, and an entirely new board coming in. Whoever they were, whatever they did, they're gone, and the company is pressing on. It hit the high 13s on negative emotion, nothing more.
Look at the most recent 10k. Solid, stable investments. Strong fundamentals. Time for a value buy, GL HF.
My opinions.
