Bought five thousand inexpensive shares - $12.30 seems like a bargain to me.
stocks don't fall by 20% percentage based on some mistake. There is a reason. Until figuring out exactly what, buying is unwise. Someone said eps of 11 cents excluding tax break. If that's the case, where is earnings? your money....
EPS 11 excluding tax break was the EPS from last year. When shorts start making things up to beat the stock down, it is time to buy.
'Buy when others are fearful' has worked well for me for many years. That being said, my stop is just under $12. If it can't hold the 12's I'm out.
I also bought 20 minutes ago at $12.23. Selling is overdone. It's a bargain now.