Yeah, those kinds of names I had in mind. Skimming through some of the other comments on this thread I'd put it in the "lost cause" category.
These things can "kinda" turn around, by which I mean there are a lot of false dawns and people think they're in a recovery situation, only for the thing to grind lower longer-term.
In investing, never say never, of course. Miracles do happen, but I think the outlook is bleak for this company.
Yeah, those kinds of names I had in mind. Skimming through some of the other comments on this thread I'd put it in the "lost cause" category.
These things can "kinda" turn around, by which I mean there are a lot of false dawns and people think they're in a recovery situation, only for the thing to grind lower longer-term.
In investing, never say never, of course. Miracles do happen, but I think the outlook is bleak for this company.