I disagree. How much can it really go lower? There is plenty of demand, you just don't understand the industry. This and others of its kind are cyclical stocks that get hammered from time to time and this time even more. It is about when to buy and when to sell, duh. Patience, experience and a willingness to take profits while you can, is the key. Undercutting this company and others and kicking it further down, doesn't help. If ATI hits 20 or lower, then you will post, it will be 10 soon or lower. Your prediction spirals downward, until you will post that it go out of business. If every cyclical industrial company was like this, the whole industry would go out of business, along with the USA and World economies. If you are trying to find a bottom, you never will. Anything under 30 to me is a good buy, especially if you are looking long term. ATI and others will turn and it will go the other way, where people will make wild predictions that it will be over 100, if you have any experience whatsoever, you know it! It is a crazy industry, but can be very profitable if you are not greedy or lazy and don't take profits.