Why is it so depressed now?
Perhaps because “the street” got over-enthusiastic, EPS are likely to be a bit less than projected, and some analysts have “downgraded” their outlooks from neutral to negative. Others are just moving to neutral.
Their attitudes come and go. The big-money fund managers set their own pace, we're buyers +4% higher recently and now appear (by Market-Maker [MM] hedging of their block trade order imbalances) to be seeing the stock turning back up.
Here is how their apparent attitudes have been running daily in the past 6 months:
