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So I've been eyeing this company for awhile. It's been tanking for the past 2 years.

They were down 78 and 90 million in net income for the past 2 years and just started showing a profit.. for ex. last quarter they netted 16 mil.

So I bought them at the 52wk low two days ago @ $2.50, I figured they might drop another .10 - .20 but instead it tanked even further to $1.80.

note: its a beaten down company, was completely worthless the past two years, but now things are starting to turn (at least I hope) so i was willing to gamble.

Should I hold onto it for awhile longer and wait until they post Q3 earnings? They are supposed to post a profit again...

Help a newb out!
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