Well on paper this is not a great look for STX right now. It was just SE 2 and 3 that pulled the rug out from under us. If those had been good, then we would have all be patting ourselves on the back. But everything is a risk when you do not have control over outcomes. I agree though - this experience has certainly been and is continuing to be illuminating for me.
The delay from the BOD seems to be extending the uncertainty - however if you were planning on buying a car or a house you would spend time researching and planning your purchase for many months. As this review involves many moving parts and substantial amounts of money I would have been concerned if they had come back in under a month with an outcome.
STX Price at posting:
17.8¢ Sentiment: None Disclosure: Held
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