Originally Posted by Ted Striker;[url=tel:3888844
3888844]There would need to be more than 4% bump to be a merger leak. Also volume is inline with normal trading. This is just the ship rightsizing. I think it was a pretty aggressive sell off from earnings, a lot of stops and algos triggered the 25% selloff. This is just coming back to where it should be. r
You’d be surprised by how much guidance affects a stock. Our stock is where it should be always because everything is already priced in. We can wish or say it’s oversold but the reality is our stock is priced exactly what the market thinks we’re worth.
Edit: I’m referencing the Efficient Market Hypothesis.