According to Yahoo, analyst estimates for '13 and '14 have been chopped 30% in recent weeks. And if the stock drops below $9, it will theoretically be in a bear market, having quickly fallen 20% from its recent $11 high. On the positive side, even with the estimate cuts, the PE is till below 10 and the price to sales ratio is quite modest at a time when Wall Street is happy to pay 8 to 10 x revenues for its favorites. What the company really needs if is for shale oil to start causing lower gasoline and diesel prices for American businesses and consumers, though that goal seems to be elusive...
Sentiment: Hold