this stock was in a down trend for some time - couldn't be...

this stock was in a down trend for some time - couldn't be insider trading surely. Bought small parcel today at 1.10 - like this company and i think in the long run the management change will be for the good . Only problem is that the market does not quickly forgive these downgrades. Reckon investors will have plenty of time to get on at these prices and if there is another downgrade then down again and i might bail. When you look at how much hits the bottom line (8.7mill) - it is skinny on turnover of $300mill. Since it is principally a labour recharge business then the skinny margins would be directly attributable to the cost of contractors getting out of hand .It will be interesting to see what they do with the annualised 8c dividend as about a third of the downgrade was due to timing issues which hopefully should flow through into 2013. Hopefully the dividend will only fall by a cent or two.