The way these "analysts" work is when a price reaches a certain point they downgrade it. Since the stock has now dropped 3% you can expect an immediate upgrade from Stephen's. Because if they downgrade because of price appreciation, they should immediately upgrade because of price depreciation, right?! I mean ignore the fact that the stock yesterday was still $7 below their $52 price projection because they obviously ignored the fact that the price appreciation was likely due in large part due to nearly 7 million short shares in a 40 million outstanding stock trying to buy back shares in order to not be liable for a $1.50 special dividend announced on Monday to be paid in a few fucking weeks! They can ignore this obvious mechanic since they apply simple arithmetic to their stock ratings ... so again, now that the stock declined 3%, one should logically expect a quick upgrade from Stephen's if they have an ounce of credibility to them. IMHO.
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