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Thursday, December 21, 2017 4:16:06 PM
People are purchasing this stock as a turnaround play. That means that the company has had issues in the past which have been or in the process of being corrected. These issues are also being resolved as part of the major turnaround.
Buying the stock in a turnaround company such as this, allows the investors to pay what may be a very, very low price for the stock. If the company can turn things around as most of us are thinking they can do, it can be worth multiples of what we invest. If you don't believe a turnaround is possible, then you need to find a higher price stock with less risk.
GO LONGS!!!
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