Yowzers. This doesn't seem logical. What was expected from a reporting perspective that knocks off 1/3 of the value when missed? Was there a year-on-year collapse of sales, or similar, for comparable entities that showed some massive value loss through the acquisitions?
And it opened down a buck and a half. People looked at the report and saw a fire sale. I'll have to sit down and study the report tonight.
BWX Price at posting:
$4.96 Sentiment: Hold Disclosure: Held