And why shouldn't it? If you want to argue with the market, feel free and make your bets. After hours volume and pricing certainly show no lack of buyer interest.
What a particular investor feels about the prospects of a company are of little relevance... what's important is gauging what OTHERS believe about that company; it's those others who will buy your shares in the future.
See MCD chart in 2010-2011......DIS is being revalued based on its supply of content and the fact that GOOG and AAPL are in a race to be in the TV game and need that content. Very likely to see DIS in the 70's or 80's barring any crazy macro market event. Slow and steady she goes.