Well, I am going to wait for the stock to level off, probably around these levels unfortunately. I got hit pretty hard since I am in at 26. But it you take the low end of the estimates ($1.75) the stock is at 12x earnings. I really like the business model that they have, but usually when things like these happen, the stock doesn't move for a while. Still, the low print today or tommorow is probably the low, maybe 22 would be the top of a new range until we get some better news. I have to look at it more, but bottom line, I think that the business they are in should continue to grow at a decent rate. Not selling not buying, but incliined to buy once it levels out.
I would wait to see what happens in the morning. I watched LGF do the same thing Monday and look at it today. After hours trades are a knee jerk reaction on thin volume. Calmer heads will prevail in the next couple of days.