when they announced the blowout earnings last quarter, the stock barely reacted. it is now at half the price it reached.
I haven't done enough research to say for sure, but perhaps their business was impacted positively by the government interventions in the market during the 3rd q and those in the know realize it's a one-time event that is not expected to reoccur in any reliable way.
You would have to think that those TRULY in the know are aware of the business patterns and long-term plans.. and that those patterns and plans do not warrant a higher share price.
Otherwise, it would be capable of holding gains based on 3q.
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