It is amazing isn't it? They beat the estimate by doubling it on the down side and the stock goes up. Did the same thing last Q. Then the stock went up maybe 2 points. No one seems to understand you can increase sales by lowering your mu but you also make a lot less $. At least today, it seems, that the initial euphoria has worn off. If reason prevails this stock should be 8 a long way to go on the down side before they go good bye.
I don't think they're going "goodbye" any time soon.....but I agree with you that $8 is a more appropriate price, at this point in time. But I suspect the big insitutional buyer is an aggressive buyer at $13.....and looking to continue to follow the pied piper of Mr. Rouleau.