Hi,
My intuition is that its fundamentally good.(intuition is no reason to buy)
The market perceives it as a dog but is it ?...just because 6 years ago it was the eqivalent of $20 .Bad sentiment lasts a long time.
In the meantime the PWT boys are happy to buy their own stock from the dispirited (> 50 % now).
They are no fools....they know where they are going.
The margins in the industry are good.
The one good point is that there are no followers on HC yet (and that's a good sign)
If you are happy to take your own path it probably will be OK. I can't see the end game yet.
But all this is intuition.
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