Quiet remains the problem. Both with the Fed and the Company. If earnings are flat or middling, that's not good. Even if they're really good, there's not enough eyes on the stock for that to matter. If there's no safe banking there's no restructured debt. If there's no rescheduling there's no enthusiasm in the sector. So they may be quietly plugging along but none of that will move the stock. As we've seen, our ERs are largely immaterial to the stock price, except for momentary blips. So its tread water until the fed makes a move in my opinion, or does a better job at pretending to make a move again that stirs some interest.
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