If ARO misses earnings on May 23rd this stock will plummet like a stone. With a near 20% gain in the
last two weeks it doesn't make sense to hold into what could be a ugly earnings report given the cold spring.
So I wonder why it was just upgraded this morning?
Till now, clearly GS has been completely wrong since their downgrade and new price target.
Considering how the stock has performed turning in cruddy numbers past 2 quarters, why should we believe that the fact that the picture isn't pretty have anything to do with where the stock trades?
Look at all the other #$%$ names in the space - likewise turning in poor performances, yet their stock prices trek higher. PSUN, WTSL, BEBE - why are they all up?