I need to give a good look at it. This stock really fell off the chart. The company is between a rock and a hard place. For the longest I thought management wasn't making the hard choices it needed to get outside the residential work its accustomed to. Now that winter is approaching its gonna get tougher yet. Its hard to say whats gonna happen with it, it may have no choice but to return to the private sector?.
Stocks have risen alot, and not because companies are doing any better from the meltdown, but in part due to the bailouts from taxpayers, and this money was used to run up stocks. Kinda like the Casino dishing out money to their rich clients, high end players who lost a good bit of their net worth getting furnished the funds to recover it an more. No one, not one Congressman, not even Bernake, or Geitner knows what the money was used for, and if by chance they do they aren't telling.
Where is Paulson today?.......ya know the guy who told the Senate Banking Committee, and this country that he would know precisely where every dollar would be going and give an account to the committee. What money didn't go out for bonuses and huge comp pkgs while paying down their bets, a good bit of it found its way into the market. A foundation thats rocky at best.