No. of Recommendations: 0
DNDN is back down to lower than when it was purchased for this portfolio--which says to me that we may be seeing a buying opportunity. Has anything happened materially with this company lately that should give me pause?

Hi bikerliz,

The only news I'm aware of is that it's actually gone ahead with laying off a bunch of people at the manufacturing plants as part of its cost-cutting measures. Then there was this encouraging piece of news on Seeking Alpha:

I'm not sure if I'm going to buy some more for the MUE port, at least not until I have a chance of listening to the next quarterly conference call, which is scheduled for early November. If the situation is improving by then, I'll feel more confidence in the recovery thesis and thus might bump it up to the "middle" tier of holdings.

Thanks for asking.

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