ATGE $48.44 - $10.19 Short piece this morning. Stock was down as far $43.77 today. Company issued a PR today stating that they are moving up their earnings announcement to today after the close instead of Feb 1. I'm long some of this since I think a lot of the shorts are going to be covering, because they have no idea what's going to come out of the earnings PR and the conference call this afternoon. I think this could continue to move up into the close. Definitely a risky trade, though.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.