Dude, the company doubled their profit from a year ago. What the hell do you want other than a rise in the stock price? : ) The analyst put unrealistic expectations on the company and unfortunately, the stock price has paid dearly. Once everyone wakes up and realize 100% growth to the bottom line isn't so bad after all, the stock will begin a new uptrend.
Eric Wold works for Merriman Curhan & Ford. One of his bosses there is T. Yates Exeley.
"Most recently, Exley was a director and co-founder of Stinger Systems, Inc., an electronic restraint company serving the police, military and security sectors. Prior to starting Stinger Systems, he was director of corporate finance and investment banking at Wachovia Securities. He began his career in investment banking at Dillon, Read & Co. Inc., where as senior vice president he led the firm's West Coast investment banking practice in the forest products, packaging and building materials sectors. Exley holds a BA in mathematics and economics from Wesleyan University and an MBA from The Wharton School of Business."
Yates is still a director of Stinger Systems.
So everything that Wold says has to be taken with a grain of salt, IMO.