Interesting banter... I think it doesn't look good to drop an update & quarterly after the bell. The only question that I think is important is how much of this is already priced in? -49.5% since the last quarterly one could argue the market has already accounted for this. I think the negative of cash received is balanced by the retention of all contracted work. I have no idea where the market will take this but technically if the low of 26.5 gives way a wave of selling will surely hit. This will probably see it way oversold followed by a red wick as traders temporily buy oversold positions back up a portion of the way to the old year low.
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Interesting banter... I think it doesn't look good to drop an...
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