How this thing is up 20% on this news is beyond me.
1. Unemployment continues to climb; 2. Oil went up some today; 3. Financial market continues to take hits; 4. Credit markets tight; 5. Consumer credit cards maxed out; 6. Numbers are low; 7. They shut down Echelon because of economic conditions.
And this thing goes up 20%? Based on what? A 100M stock buy back? Something is wrong with this pic.