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Strange reaction to a downgrade. You wouldn't happen to have a link on you would you?
I received a research report from Merrill Lynch authored by thier analyst Gabe Moreen. It was published on 9/21.I did find a mention on the web but no details at http://www.theflyonthewall.com/permalinks/entry.php/SNDK;WFMI;SVNT;ID;NZ;SPHid1300830/SNDK;WFMI;SVNT;ID;NZ;SPH-On-The-Fly-Analysts-Downgrade-Summary-For the record I am long on SPH and am holding for the long term.