I don't think the rumors are factless. they will miss. they will not warn. dividend increase will be nil or less than expected, buyback will be nil or less than expected, no announcement of how they plan to use the cash...etc.
Possibly won't change until this management team or some board members are gone. The company needs
new perspective, people who do not thrive on secrecy and inflexibility; people who proactively counter rumor mongering and manipulation and show guts in protecting their loyal shareholders.
unfortunately yes...we bounced to 470 on anticipation of an announcement and when we didn't get it, sentiment turned negative again. Of course, consistent bashing of the stock from the media only intensifies the selloff.