discussing valuation, page-4

I'm looking at 35c for an entry. People are looking for a dead cat bounce but after the HY result in February, it continued the downtrend with mini bounces in between but they were only sustained for a couple of days at best, unlike after previous reports where bounces were sustained for much longer - weeks or even months. There will be mini bounces here, but anyone thinking this will stage a dramatic bounce back is in the wrong boat, IMO. Short term target is 35c, with a bounce to maybe 45-50c.