Wow... that really sucks! I was hoping to add to my position when I saw the PM drop. But perhaps it may still drop on the open. I've seen many a time when the PM drop declines, and then sells off again at market open. I am really kicking myself for not buying more at $64.
Tell me about it! Even my lousy SALE and KORS stocks after an initial pluge on reports, got back right up in a few days... the one time I decided to sell a portion of them like I should have last earnings but stupidly didn't.
When I saw TASR missed, I was calmly expecting a 10% drop at most and was cool with that. I never saw 15%.
Most times around earnings I kick myself for forgetting to buy puts for various stocks. But this time round I can honestly say that even if I remembered to consider puts, TASR was one stock I would simply never have chosen to do so for. So in a perverted way I don't feel bad. I could not have anticipated this ridiculous 14-16% drop.
What irks me is DGLY in comparison keeps flying high when fundamentally it's nowhere in sight compared to TASR.