Note upgrade on May 8, 2006, closing share price $16.25. Downgraded on August 7, 2006, closing share price $11.73. Forbes picked up the downgrade and gave Mr. Miller press coverage, but the arguments reported are already known. I find this an opportunity to add shares. Good luck longs.
If price bounces off current level EMMS has a trend line containing 3 points. Extending that line in the future will provide a buying opportunity each time price falls back to the trend line. If price doesn't bounce it will probably starting moving sideways in a range for a while.