I agree that such a wild run up with a downgrade triggered the dive but the numbers are still good. There is no reason this stock should not recover sanely to 22 in the next month if earnings hold up. A miss would stifle a comeback.
stifle? not hardly, a miss will kill this stock as evidenced by the sell down from a downgrade with a price target upgrade....you could wake up and be 20,30% or more down.
That said until earnings are out there is little other reason to sell this except for the downgrade - which is kind of curious why folks who didn't pay attention to the 16 dollar price target and market outperform rating all of the sudden react to a downgrade to market perform and basically an upgrade to $20 price target LOL- so this is likely to climb into earnings- 22, 23,24 25 who knows. Small float and folks want to own it... .