Stock has bounced high off it Feb-Mar low near $11.00, but for what reasons? Cash flow still stinks. Sales are declining. Housing and construction will continue to be in the dumps. Looks like it just went along for a ride with the market during this Bear Market rally.
Looks like a good time to short-sell the stock and see how their summer season goes. If it's a bad one, the stock is going to tank. Time will tell.
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Looks like a good time to short-sell the stock and see how their summer season goes. If it's a bad one, the stock is going to tank. Time will tell.
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