Market was rightIt looks like market was right and drove the price down since mid of April. I held the shares for 6 days. Sold it on Tuesday $33.68 for 50 cents gain. Originally bought it thinking earnings would be decent, but was afraid to hold it. Turns out it was a good decision. Obviously these bad earnings got nothing to do with lawsuits. It's just pure missmanagement. I do expect that company will turn it around, but it will take longer than previously thought.
I do have a bid at $31.02 for a quick trade. Let's see if it gets filled.
Good luck to all.