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Kemet appears to have been oversold during the recent 40% drop, much of it due to antitrust lawsuit expenses, which when adjusted for, changes the calendar year 3Q17 EPS from $0.22 to the expected $0.45. Coupled with the stops that were likely triggered by momentum traders, it's not surprising the bottom fell out. Still looks fundamentally good, absurdly low PE of a little over 3, nice balance sheet, and an industry that is only going to pump out more electric vehicles requiring Kemet's capacitors. Has bounced back from a low of about $14.50 to $20.67 as of this writing. I've lost some, but am sticking with it as this is a definite long hold for me.
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