It certainly is bullish in that at least now they have the cash to do next year's work. That was a big strike against the stock. Also, one good day has now wiped out 2 weeks of accelerating declines. From a TA standpoint, a 2-week engulfing candle is pretty positive.

I'd personally be a bit worried about this guy who's buying in. Seems he's got a nasty reputation for taking a hissy fit and killing stock prices.

I wonder how many of the people who sold off these past 2 weeks just bought back in today at a higher price? Some people never learn....