buddy - this thing has strong support at this level. yesterday was a testament to it. the momo folks just like playing with this as it's great for daytrading. one day, in the next quarter or two, it will break to the upside and keep going.
Q4 earnings are being ignored for all companies. Watch some of the Breakout videos.
You said "Q4 earnings are being ignored for all companies." There are two problems with that statement: First, and most generally, it's a bad idea to ignore earnings regardless of which quarter, or extraneous issue may cause them to deviate. Second, and more specifically, with ARO it's not just the 4th quarter we're talking about. 5 of the last 7 quarters have either missed or were revised down below original expectations. So for ARO we're not talking about a one-off quarter or a single miss; it's a downward trend over a year-and-a-half in the making.