Perhaps I misunderstood your premise. It would seem to me that for folks who follow analysts opinions that they would perceive this as a great time to buy, but that has yet to materialize. That is why is was suggesting that if they, the analysts, were trying to manipulate the price downward on inside information that we would be in a short squeeze if buyer's starting flocking in on ratings. You suggest that they, the analysts know the business better than anyone. My take on the matter is that if "they" manipulated the price down in expectation of blow out numbers, to increase their gains, they would have to be buying considerable shares at these prices to make it worth while.
I didn't look at the buy/sell ratios for last week but there sure seemed to be more sellers than buyers. As gene_genome pointed out the circuit breaker was triggered early in the session on the 15th but the price nevertheless continued downward on huge volume. This further confirms my thoughts that for some reason buyers were spooked and the sells started flowing in.
Notwithstanding the above response I can always learn something new (and do all the time here) but won't buy into your premise until I see the numbers that prove it. Call me a skeptic if you will, but something sure smells and it sure isn't the left over Crab Louie from JMP's hosted meeting on the 16th in San Francisco. I'll be glad to be proven wrong and will be first in line to sing "I left my heart in San Francisco" should the numbers show a profit.
AI
