Hayes Lemmerz International Inc. (fka HAYZQ)

[jcJet12]

I'm no accountant but the loss is actually a lot less if the one time impairment charge of $238 million were discounted --it would have actually been an improvemnet over fiscal '08.

Everyone who did their DD with HAYZ knew the report was going to be negative, so IMO these numbers are not that bad considering the state the economy was over the last 12 months.

The restructuring for Q1 and announcement of unlikelyhood of BK are the keys.

WTF, this stock is priced for BK anyways. I think better times are ahead - I just hope tis tanks tonorrow so that I can buy more.