Wow that was a 37% retrace from the time it fell off the cliff...

Wow that was a 37% retrace from the time it fell off the cliff for TPM to it's lows. That seems like a huge overreaction to expectations not achieved. Commentators on Sky news were saying it was tied to a smaller profit expected from the introduction of the NBN. Vocus also took a huge dip but TLS seemed to be insulated from the news although it seems to be on it's lows.
Some commentators on sky business are calling Telstra a buy @ $5. Seems like we've reached some sort of bottom for these stocks. Hoping for a gradual lift in share price over the coming months.