Market sentiment is a fickle thing. One day it's exuberance and...

Market sentiment is a fickle thing. One day it's exuberance and "Must Have!", and next day the "Sky is Falling! Let me out!" Looking at the chart, the sky was falling a year ago. And then, sanity returned and people saw it as overSOLD. Was it worth over 3-times as much this January? I doubt it. However, in the absence of any news, exuberant buying kept going and led to WOR being overBOUGHT.
The Financial Report failed to support the exuberance, and today's sell-down is the result of the Reality Check. How far can it fall? That's anybody's guess. I'll watch it, but won't try to catch a falling knife unless I see confirmed support - probably somewhere in the $6.50 - $7.50 range.

Regarding the Class Action: I find it strange that WOR still haven't learned the lesson of actions past and continue to be coy with less favourable news. Surely, Management can't be that incompetent as not to see risks and profit-limiting trends before they are forced to come clean?