Granted the reaction was little strong today, but look who's buying - these are institutional guys at these volumes, guys who crunch the numbers, not guys who knee-jerk at the chart. Lilley is going to do as he and his predecessor have usually done and that is under-promise and over-deliver. At today's close, NO upside, the stock is still at P/E of just over 14. And the major profit source, Engineered Materials, is looking at a long run of great profits.
Common guys, wake up and smell the freakin' coffee.
Exactly. You guys that want to play shorts and bet on volatility are playing in the wrong sector and wrong stock. Go back to your SIRI and your PLUG. CYT is a steady growth stock without any downside value at these PE's.