When Oil was $30, all of them were saying it will go below $20. And now ...?
The FY 2016 has been revised from minus 0.74 to plus 0.71.
Somebody throwed over a million shares in the first 10-15 minutes to bring down the price and take the stop losses.
Sentiment: Strong Buy
I don't think that the mentioned P/E is correct. Take a look at the earnings estimate for 2016 and 2017, it is about $2.48. So theactual P/E should be higher!