RE:Q2: BIG EPS Beat on expanding margins & BV with a BLX KickerHello Darkhorse:
as always, your analysis is thorough, objective, and correct. I share it fully. The performance of CAS has been inproving steadily. Management has a plan, which is being implemented and is giving results. I would have expected a large bump in share price following the announcement of the Q2 results. Instead, after a slight blip, the stampede for the exit has resumed and the stock will soon test the $ 9 mark. Are we missing something? Why are investors avoiding this stock as they would radioactive waste? There must be a reason; it cannot be just irrational market reaction.
Does anyone have any thoughts?
Good luck to all.
Carlo