Conspired to issue downgrades in hopes of pounding the stock. How much option volume occurred this past month? How many people knew of these joint downgrades before they happened and made millions? A few on Wall Street make big bucks off this kind of thing while the company and the average investor get hosed.
The SEC should investigate these "group" downgrades. This hurts the little investor much more than Martha Stewart ever did!
Pay no attention to these so call analysts..... as they can be bought off with a steak dinner! I'm certain the joint downgrade was planned to drive the price of the stock down, so they could purchase the shares at a discount for their investors. In a few months these same analysts will upgrade the stock and profit from it. This is just a normal hiccup to shake the lemmings out, I just look at it as a buying opportunity. Just remember.......there are people serving life sentences in prison for stealing less then Martha Stewart (5 months) God I love this country!