Slider - well documented problems, well, I think this link would quantify them:
biz.yahoo.com which led to wholesale downgrades.
Another maybe not so well documented, but more obvious problem is low commodity prices, which probably caused most, if not all of the other problems.
I appreciate your subsequent post about the reasons you would be a buyer of Miller, I just don't like posts which say "Buy, Buy, Buy!" without any rationale.
You can choose to believe this or not, but I am a Miller long and proponent, and have extensive knowledge of the company, having known and followed it even prior to its IPO days.
Financing hurdle will most probably be cleared up expeditiously, nat. gas prices are much more favorable now, and, operationally, things are certainly better than a stock price in the $2 range should merit IMHO. |
