Okay, enough said on the irrational exuberance comments. There are very few things I disagree with you on actually, and I do consider you the resident expert on Capstone. I'm certainly not gloating and didn't mean to snipe. I offer you an apology and we'll hopefully agree to disagree. At the same time I hope your views are dead on and I wouldn't expect to see you not stand by them. Believe me, I will be the first to admit when I'm wrong.
I'm just a bit bummed about some of the "analysts'," who, btw, I don't consider experts, interpreting the Q4 CC as I did. The problem with the MSM analysts is that they have larger followings who in turn tend to heed the advice or take it at face value. We have all seen downgrades that can cause a company to take a pretty close haircut. A downgrade from outperform to market perform certainly isn't a tipping point--at least I hope not.
All things said the price is still holding up today, at least so far. I just hope it's not the beginning of another short churn that we wrote about last week prior to the CC.
Respectively,
Seasound