The incentive to use stock options as salary is over (it appears) and thus the need to buy back their shares after poor-mouthing their earnings visibility should be over as well ( because they like to buyback stock to prevent dilution at the cheapest price possible. This merry-go-round appers over - and good riddance. Fiscal-Cliff is another reason it should end, because all tax rates (Cap Gains and Ordinary Income) are equalizing, and the incentive stock options are meaningless (vs W-2 salary)
I was considering buying in AH but the warning for 2013 is gives me some pause. You gotta give them credit for honesty though. They suggested that they had a .25 benefit this year so next year is looking like they're talking about .85 I'm a buyer if it gets hit hard but have little interest in a company with earnings that might get cut hard next year.
So why did this company's management even discuss 2013? Why not accentuate the positive and focus on this year. Wall Street does not punish companies that dont look forward two quarters. Most companies say they dont have visisbility that far.
I think this company is obviously just painting some risk because they do not have visibility into 2013.