SKUL hitting 52 week lows this AM. Any new thoughts on it?
Still some modest growth expected for FY13....stock is priced for virtually nil growth in eps, trading at < 6.5 PE using FY12 estimates. The problem seems to be margins, not top line growth. This is the most difficult situation for the "value" investor....similar to AAPL, its hard to call the bottom on valuations once earnings decline. Everyone loves a business model that has pricing power and ability to scale up.
I've been trying to nibble on it at prices below 6.35. May have to move up my bid a little bit.