Exactly. I'm sure they got embarrassed when "rumors" about BK were floating around and made the stock tumble in the mid to low $3 down to what it is now. For a company that has 2 billion in revenues, employs 4000+ workers, they can't have this down to where it is. They know it needs to be $5 or higher range.
In fact, I'm sure they got rid of the people they just did and replaced them with people that CAN GET THE JOB done. And they aren't going to be happy with this getting to $5. oh no, they want this back to the $20 range again.
In order to keep going past 2013 and the future, this needs to be way up there. I'm sure the board, share holders, and all the management are not happy campers. Action needed to be taken, someone had to take the fall, and that's what is happening
Good news is, this is why HUGE chunks were bought late. They know with new management and financial people taking over, they were not only secure the financing they need well into 2013, but beyond. In addition, it will also mean they will find ways to cut costs, produce more, generate even more revenues, and increase profits. That will shoot the PPS way up.
This is another reason why I've been trying to jump on this for awhile.
Just have to ride this out a little longer while management does more PR and informs all of us that everything is business as usual, and stock should be back to $3 for awhile. Once they announce earnings, and it should be good as summer is hot already, they it will go up more.
Where I live (GA area), it's in the 90s. I know many other places are already hot. I know some places in Cali that are in the 100s, which typically happens in July.
Only "bumps" in the road right now will be people who may short some of it as it goes up. Some day traders doing their 10% or more and get out. But that's ok, some of us will buy those up and watch it to continue to rocket up
enjoy the ride my friends!
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