Traders did not read the positive number carefully and throw the baby out of the bathtub. It beats expectation in earning. Tomorrow is another rally day and option closing day. Let's if the short squeeze will work!
They have either missed or guided down expectations 5 of the last 7 quarters. Now they announce that they expect a loss for the next quarter, so make that 6 of the last 8. This company might only earn about 65 cents this year, you add in their cash on their balance sheet and give a P/E ratio of 12, and you're looking at an $8 stock for 2014.