u/Botschild

Although not a surprise, the $0.01/month cut came sooner than expected. The company has also indicated that Q2 is shaping up to be a turd. On reflection, their Q1 was weaker than many peers and after two years of dipping into their working capital reserve, this is a prudent move. Based on historical precedent, they may need at least a year to turn this ship around from a financial metrics perspective. Let's see if this gets pushed down towards $10-11.

Thoughts?