How low can we go? Is there anybody who thinks this company will still be standing a year or two max from now?
5 replies (most recent on top)
at most a year
Despite stock being up this week, still down over 50% year to date, and down 75% over last 12 months.
Can't undo a decade of dumb decisions in a couple of months. Still not making a profit and have a mountain of debt to overcome.
With the stock up a bit, customers are getting less nervous. The new leadership is positive and the banks are on board.
Year sounds about right. Stuff that hasn't been mantained properly will start to require spending and once payments get behind it will spiral down quickly. Might stretch another year after bankruptcy at that point, but probably not.
I personally say a year and we're done.