Q: Do you feel the earnings report and cc dispels the muddy waters short report
5i Research Answer:
We think so; results beat estimates, and the company has handled the situation fairly well. We thought it was an unusual target for MW. MW is fighting back with a series of Tweets (or whatever they are called now) but it is telling that the stock came very close to its 52-week high today on the news. We do not think long term holders care much about the attack.