The question is how hard will UFAB fall? If it holds 8 or perhaps 7 1/2 it has a very nice inverse H&S on its chart with a target of 24-27. Would guess 6-18 months to get there. Has all the bad news been factored in now that earnings are out?
This is a long term hold for me but I have a rule with delayed earnings releases with no news or explanation - cut holdings, so I did by 2/3. Normally I cut 50% but they never returned my phone call so I upped it to 2/3 (with a small profit) <VBG>.
I'm seeing gap support under yesterdays levels.
Lake Charles facility obviously important to their future, anyone have any news or opinions on it?