I don’t know much but I am currently up 25% in my long position so I am happy to wait it out. I think the price drops are because of fear over decreased armament spending and decreased retail spending. There is no definitive evidence that armament spending is decreasing. I am expecting a positive earnings surprise. The other thing I like about ATK is look at the graph vs past bubble-bursts. It weathered it quite well. I think people will move to value stocks like this when the next bubble bursts. IMO: this is not a stock to buy and check it every day. But I think it will beat the market over the next 2 years.