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What would I do?
First, would I be considering this a trade? Or an investment? (Short term or long buy and hold strategy?) Before I'd know what I'd do, I'd have to know that, and what price I was long from.
Anything could happen in the future, but if this was a short term play for me? I'd look to see if we can get above 9 in the coming days. I do notice they are trading a little high for my tastes, when it comes to their earnings. As you mentioned, the debt isn't making the Forward P/E situation look any better. Then add to that they're not going to attract any investors with the dividend situation as it is. PEG doesn't look to hot, considering all of the above too.
If I were in it now? And I (cant answer for what someone else would do, as it's their money) was in the profit at the moment? I'd be paying close attention. Hopefully, I hadn't risked more than I was seeking a reward on. If we can get a break above 9.00, then I'd probably look to take my profits pretty soon after that run-up. Since I would be looking at it close term like that? I would look very carefully at the openings for the stock, and if it consistently trades below 8.95, would probably take my profit.
Of course, all of that could change, depending on whether I was considering this a long term investment? Or a short play, and if I was long from say . . . $3.00, or $7.00.
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