HiSpeed-
GNTX reports on the 13th. It's hard to tell exactly how well they did with the strike from the volatility, but it is entirely possible that they could beat the .12 consensus estimate. There was a huge push to get GM's '98 cars off the lots before the '99 model year got shipped out.
Don't look for any news - there isn't any, with this or many other stocks that have sold off. Investors, including professional money managers, are totally freaking out right now. They are selling based fear. Or they are selling every stock in a group because of company-specific problems of one company in the group.
Every four years, the market has a major correction/bear market. Check history: '62, '66, '70, '74, '78, '82, '87, '90, '94, '98. Why so consistent. Maybe it is just the nature of the economy and the markets. Things ebb and flow and come back in to balance on a regular basis. Anyway, each four years, you get the opportunity to buy things at levels you never thought possible. Now is one of those times. The average investor and the average PM is too much of a trend follower and feels safety in numbers. They are also driven by emotions. If you are able to separate your emotional instincts from your rational/intellectual knowledge, you can take advantage of their "mediocrity" and make the easy money. The time to do that is now.
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