Pull up a chart of 2012. Look at early October when the annual RIN problems happened last year. This drop could have been worse. And it will get worse again if management blows the call because you K N O W the questions are coming. Too many ahhhhhhhhs, or words phrases / we don't / can't .................... and I don't care if the earning were $5 for the quarter, this will fall like a rock again.
The good thing so far is that no other analyst has downgraded along Steifel's thesis and so far the fund selling has been professional. (little follow through so far)