Brokers call PLS as oversold, page-24

I have the feeling there’s a few posting today trying to defend their strategy of late last week to talk the SP down as they were counting on a poor Friday night and have sold a portion or all of their holdings thinking they would get a cheaper entry point on Monday. Oversold overbought a superlative couple of months deserves a pullback but very little in a list of poor fundamentals or other negatives.
If the SP is going to drop back to $3.70 - $4.30 range maybe management should just bank the net profits for the next couple of years and slam dunk 90% of the MC on the table in cash and buy back just about every share there is. $3.70 if global markets crash another 25% is about the only way.