we'd all love a miraculous recovery. who hasnt logged on during the day hoping to see the announcement icon to the side and a SP of $1.47...haha
i think the THX shares being placed will be a positive for the SP, but i dont see it as being a catalyst for a miraculous recovery.
i think the release of results, especially good ones, will help keep the faith in the assets, but ultimately it will be the approval of the CRM deal which will kickstart this thing along.
i personally believe that with the approval of the CRM deal we will get our $1.50
of course there is the flip side of not getting the approval, and its sumthing id much rather not contemplate at the moment...haha.
again, just my opinion.
ps - after the last 2 years i dont even take a shower with the crash helmet close by...haha
UMC Price at posting:
88.0¢ Sentiment: LT Buy Disclosure: Held