I agree. I don't trade this way, just that this is what the technical traders say. Not my bag and just passing along what it looks like it is doing. I ignore the noise and let the big boys do their thing.
Slap a 20 p/e on the low end of annual guidance of $1.20, which is massively back-end loaded and given their forecasting track record just this last few months is highly suspect, and you only get to $24.00. It bottomed in the 20s a few years ago. We know makerbot snookered them and now I suspect Objet did as well (at least on near term biz if not the tech). Long term I love the biz but they have lost all credibility. I doubt the after hours low of low $40s will hold in intermediate term.
Whelp, gonna be well below book tomorrow. The last few months must have been a real fright fest at the company. The lawsuits will multiply. I still say this will be a $10 billion company in 5-10 years. Needs new management.