Several anal-ists have commented on goldmans report yesterday. They all noted the same concerns weeks ago to their clients and plugged in the same "worst case scenario" estimates. They agree with Merrill IE: the shares are a bargain !!
I have no problem with serp's posts until I see "UP UP UP", especially when it's doing nothing but the complete opposite. Imagine how silly I'd look if I kept saying, "ABC is going DOWN DOWN DOWN DOWN", at the same time it was going from $56 to $82. It was even worse when Rick Puma did it, and many others called him on it, so I'm not the only one that finds it annoying.
I say ABC is going even lower, maybe not today, but in the near term, only because people are picking up better bargains that are much cheaper than ABC.