Agreed! I cannot imagine just us regular investors / traders (maybe some more regular than others - hehe) waking up today and saying "Gee, Unisys had better earnings than my broker was telling me they would have (consensus vs actual), and well, I think this must mean that my investment should now only be worth 2/3 what is was before the report." GIVE ME A BREAK! There was no major runup prior to reporting, as is usually the manipulated case in a lot of teck stocks. The report itself cited cost reductions as a major impetus, thus making them a "leaner" and better business. And, as you mention, there is plenty of on going business they are involved with. This just smells soooo fishy to me! The big sell was from those manipulating - not us investors / traders. There is improved fundamental outlook for the company, and as you say, there will be some news of reiterations of recommendations - soon, I am sure.
As of 10/11, there were 8 strong buys, 3 moderate buys, and 1 hold. So - investors were either being manipulated for many months prior, or they are being manipulated right now this morning. - Probably some of both - but it sure looks WAY OVERSOLD to me! Guess I could be holding for awhile, because I'm not dumping at these levels - this is ridiculous.
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