Dividend has been cut.
Interest payments have been suspended.
Contract with Time Warner cancelled.
I hate to say it, but this stinks.
I bought some at $2.20 (mainly because it broke the 20 Day EMA)
And was hoping for it to meet the 50-Day SMA (which is at 2.67)
Technically the move is excellent as it has crushed the SMA ....
But fundamentally I don't like it.
Full Disclosure: I sold at $3.05
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