Once the company gives an update. Many investors are expecting more bad PR. However IF we get lucky and hear anything positive. That will be nice.
This company paid a divvy not too long ago. Also has some nice assets with the land they own. This one has been well over-sold for sure. It is priced for a BK play. IF we investors get lucky and they find a way to skirt that, any purchases bought below the .20 area will be a true gift.
I am locked and loaded and will add more shares in this .10?? area. This has gotten ridiculous, heck even if they filed BK at this time, this stock with the assets should get back to .15 or higher.
Now lets talk about rebound, this stock if we get some positive news, it is down from the .50 area, in a matter of 3 trading days. What changed? We know mgmt stepped away, and the latest PR mentioned some possible restructuring.
If they are able to dodge BK, this one will be the buy of the year. With all the assets they have. I would love to know Book Value on this one? Also, once bargain hunters take over rather than the shorts, this one will be a FUN and RUN for sure.
Best to all here, adding more here on the dip personally. We have a confirmed Double Bottom. Time to make some money now in the coming trading day! Have a wonderful evening.
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