It probably will even though their regular on-going core businesses are regioally expanding, generate great cash flow and earnings. This is a technical move not a fundamental one. Waiting for the fundamental investors to move back in, thats what pushed the stock to the 5's.
They continue to win contracts every quarter. Their sector is BOOMING! This company is set up beautifully for the next few YEARS. Not another CREZ yet. But that's a matter of when, not if. Management comments about more than replacing CREZ was very bullish. I'm guessing another large contract later this year. Not that they can't earn .10+ per quarter without it as there is plenty of work to do...and GV has only expanded to a few other states...so far.
I'm sure you were cheering for a run to $20 when it was going up. People like you tend to consider yourself an investor when your pick of the month is on a run but then whine when it goes down. Volatility cuts both ways.
If there next qtr. earnings are good and guidance is up the stock will reveal that. I see a hard time for GV to exceed 12 earnings which is what the market is telling you. If they have hit peak earnings the stock cannot make new highs. It does look oversold but the market is shaking out the weak hands. Valuetime the Crez project was 35% of 12 earnings and their backlog is around 60% CREZ do the math. Will GV be able to do 70 million in 13 without such a huge contract. Time will tell and maybe they get a contract.