The ATI cunnundrumI don't post often but ATI Guy had me grunting in agreement when I read his recent "I Just don't get it" post. It still amazes me that a stock like this could have pulled back to $26 just a couple of days ago from the $33.6 level. That happens to be close to a 25% price swing in just three days. Very hard to understand that degree of nervousness when you consider that upcoming earnings should be very firmly discounted into the price of this stock.
If you guys think we're going to $40.00 by Q2 then in my opinion we should be sitting very solidly in the mid-$30 range right now. What the hell are we doing testing $26.00, even with a bit of NASDAQ volatility? I'm long substantial dollars since the $14 to $16 days but I find myself getting annoyed with these unsubstantiated pullbacks. This stock shouldn't be swaying like this. Man, talk about stigma.