I was quite surprised by the lack of strength of the reversal. The news about the current fiscal year came out part way through the day on seeking alpha and i think the stock was immediately set upon by shorts. I think the 2014 guidance tremendously outweighs the 2013 guidance, but we've seen such harsh drops after Junius spoke in the past that I think everyone was just holding their breath waiting for 17.xx to appear. My take is that it won't. We had cowen come out in after market to defend, and I think we'll see more defense monday, with a price in the 21 range being reasonable for this stock.
Even though we hit 2x volume today, and it was an outside day, I don't think it's the reversal that we've seen before. 19.30's for opening monday, not 18.40's like it would be last time.