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Thursday, August 05, 2010 7:47:10 PM
I DO know that I have spent the last 2 years trading this stock. They have never been in the position they currently find themselves in and are going to do what is necessary to come through it without going into bankruptcy.
My short term view for the stock is that it will continue to go lower until there is an announcement. I will update my view when we get an announcement of the split ratio. Zollars will have to be very careful in what he does. He needs approximately a 1 for 20 split to drop the shares back to about what they were a year ago. They've been approved for as much as 1 for 25.
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