target price $40., page-66

It's simple if you don't like the company then invest in something else.

Those who know my posting history across different stocks I ONLY buy stocks out of cycle and when they are deep in value. When the world is insane and you remain rational you make a motza. Thats why I only buy out of cycle stocks. Full stop. I buy and I buy and happy to hold on to them 3-5 years. Recent example i RRL I have been buying from $2.70 right down to $1.30 because it was down right cheap. Did the same with S32 $3.30 to $1.70 sold at $5, Did the same with LYC. $2.60 to $1.10 and sold at $7. Did the same with GXY too - bottom line if they are out of cycle with god management and strong balance sheet and work on process improvements during the investment phase don't think twice. Granted didn't expect APX to fall this much but its a high Beta stock so I am ok with that any rebound will be as powerful as is the case with high Beta companies. Just pull your heads in and nurse your own losses.