We will know in a week or two if this was a buying opportunity or not. Cramer said to pick it up if it again dropped to the low 80's so lets see what happens. Crammer has been wrong before but I do not see how this drop is justified and suspect its computer generated trading that can be taken advantage off.
Whatever cramer says, one still owes responsibility to do own DD. But still would've never expected the downgrade. Its over 7 million shares traded at 1:00pm and its at 87's. Its trading 86's in Europe.