Earnings are about 5 weeks away... The fourth quarter could be bolstered by the Atlanta Flood revenue... Breakeven would be as good as we could probably hope for for the 4th quarter, and there will still be a loss for the year, imo.
However, the downsizing of managment, the cost cutting they have been doing, and the likelihood that there will be a storm strike or two this year, raises the prospects that 2010 will be a turnaround year for PDGE... With the share structure still low, I really believe that as the hurricanes build this year, a run to .50 or higher is certainly not out the question... just on speculation of a hurricane strike.
GLTA