Xman,
As with so many of your flawed facts you are assuming that I hold, and that I consider there is no more downside.
Quite the contrary, I am unsure where the sp should be, as I am unsure about the pon outlook, and hence about future cash flows.
I guess if WSA did a write down on assets you would instantly feel free to lift your $1.60 whilst still struggling with sand under YOUR eyelids.
EL
Stock Levels, page-36
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