Someone plz explain: $8M profit in'12 news caused $2B+ in mkt cap increase????
I stopped trying to make sense in the stock market anymore! It's all those immoral billionaire like Carl Ichan manipulating the stocks on the expenses of our ordinary hard working men, hence the rich gets richer!
That junk should only worth no more than 10 bucks, if not for that goofy looking crown billionaire Icahn! He's so old and got so much money to bang so many hot super models, why the F he still want to rob common hard working people's money!
Everyone always says manipulation any time a stock goes up. Sure it happens sometimes. This was just a good old earnings surprise. The thing that most people don't get is that expectations seem to drive the stock more than anything else. Expectations were extremely low for this, -13 cents. They would have crushed it by just breaking even, but they actually made a profit. It will eventually come down if they don't get back on the path of growth.