CVEO just hit the new low $0.747 one week ago! What caused the price crash from the recent high $2.4? It seems we should see the bottom ($0.747) testing again in the coming week...
The Net Income Average to Common Stock is -$391.49M which is the huge loss! Will the company srvive the current downturn period?
The Diluted Earings Per Share is -$3.68 which is terrible!
If the price hits $1.4 ~ $1.5 again then I will short the large amount of shares since the general price trend is down to $0.5xx.
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