AF valuationPaugh,
AF a $3 stock? There is no change in valuation of AF on the day before the press release vs the day after. If only were investing as easy as you state--EPS and that's it! You are joking. The MARKET is FORWARD looking. You want to expense things sooner, OK then your EPS will be even higher later, and a forward looking market would not sell. Why do you think companies do things like write-offs? The market is smarter than that. If AF goes to $3, it would be due to something that we do not know about at all based on the current public information. If so, I would badger the company to pony up the info. AF valuation is based on cash flow, and intrinsic value based on the number of subscribers. AF is only in the 4th inning of a 9 inning game, it has a long way to go up. Its business model works, and the consumer base is still largely untapped.
If "teachers" decides to sell? Again, you are showing your hand to be a novice. No institution is going to sell into open market, or sell at prices ridiculously low. In fact, for a stock that is as illiquid as this one, no institution is going to buy in if they don't plan on keeping the shares a good long time.
Why are your posting on this board, what is your purpose?
O.