All you people that either purchased physical stock, or calls in MAY today, are going to get caught with your pants down.
This is only my humble opinion.
A fall to $3.00 would place it on a PE of 15, which is generous considering the zero credibility management now hold.
Don't forget, that earnings warnings are often not a single occurance... they're often followed up by "revisions" as a result of "newly available information", or "unexpected circumstances". ie. further downgrades to earnings estimates!
Personally, i wouldn't buy these until below $2.60.
A true dog.
Woof. Woof.
SYB
symbion health limited