It's what they do best. Today, the stock cratered (probably, because no one was chasing it), then it magically elevated all the way back up at the close. Then, it closed down $ .99/sh in ext. trading.
Doesn't exactly exhume a lot of confidence. At this level, it's a magnet for value-investors looking for investment ideas. It went sideways last spring for 4 months, till someone jacked it, then it's spent the rest of the time in distribution.
The doji today with the long extension means it will fill to $54.
after hours means nothing. today's action was not unprecedented in fact for those that have followed HAIN since this run began it is quite expected. I bought in when it was down 4.5 % (roughly) today and never thought twice. I have bought on all significant dips...this is setting up for acquisition....Carl has a knows what he is doing...takeout at $75-80 or absent takeout it will get there in 12-18 months.