2009-05-13 12:20:51
I will leave this pick open..for now.
HoweveR.. I'd advise anyone with any money in this compny's stock to SELL SELL SELL!!!!!
market is gonna drift down for a few days, maybe weeks and this company didn't have real gains to report anyway, they were all puffed up with lay-offs. backlog is diminished, massive lay-offs in it's laborforce due to a lack of new orders, with the market drifting lower also, it's time to get out of this and wait until they have enough orders piled up that they call at least 85% of their lay=offs back to work.
next week they have a shareholders meeting.. nothing good can come of it.
August earnings report is going to be ugly.
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With a very good 4Q earnings report today in such a down climate, there should be a magnificent opportunity for investor profiting throughout the next year!