I am hoping that it will stay higher than low $3. It is still a good time to buy in.
The reason for the dive is that SAY plans on paying 8000-10,000 workers a smaller salary for the next six months. Instead of firing them, which most US companies have been doing, they want to retain them. It seems like a weird move, but I think SAY wants to keep enough manpower in place and on tap, just in case the economy picks up. This way they are not firing and then turning around and hiring people.
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