Wow,I have not looked at this in a long time. Down 30% in the last two days on earnings. Here's another example of a small company with a small float, high institutional ownership of 90 %, zero debt, over $3.00 in cash per share and high short interest at just under 30. When companies fit that bill and earnings are missed,the shorts punish the hell out of the stock.
How crazy are the analysts? Wunderlich came out on the 7th and maintained a buy rating with a $22 price target. They then come out the very next day and lower the price target to $15.
Screwy fools.
Anyway,if you are going to swing trade this, let it settle down a bit before jumping in. I have been guilty of getting into a beaten down stock too soon forcing me to endure some pain when I could have been in the stock cheaper.
This is now on my watch list again. 