IMO these type statements are telling us that Myers is a speculative stock and everyone will be waiting to see how the new guy handles its progress. UBS has selling down their stock of shares it would appear and maybe its because they cant see a quick turnaround in profitability. The next question which should be asked is to what price will Myer stock be discounted to from current prices and will they be able to keep paying a dividend?
MYR Price at posting:
$1.33 Sentiment: None Disclosure: Not Held
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