Don’t you guys get it???The smart money ison the sidelines until a meaningful correction is attained!
Mark Cuban has publicly stated he is on the sidelines and there is no safe haven exeot in cash and or willing to ride out the storm and watch your account value become butchered!,,,
There has NOTHING, I repeat nothing that has fundamentally changed for the company that would warrant the share depreciation that we are seeing.
However, the exception could be what we don’t know as this is not a very fun game to play for the small investor who has no insude information on the company and or the major market movements that are planned in advance!,
This stock market is just like Vegas, the odds don’t favor the little guy so try and remain calm and see what is so obvious ! I am stuck just like everyone else here and have learned from experience that selling at the bottom is generally much worse if the underlying fundamentals of the company have not deteriorated to a point of warranting the blood letting going on!
Its going to be rough sledding and many many will sell out due to fear based decisions and also the need for capital preservation, especially those using margin to leverage their position. This can present nice entry points for those in the know and retail investors brave enough to re enter the market!
Hang in There Cowboys , when this puppy turns around and the company announces positive sales results then the valuation should return to something more normal!
YEE HA!!!!! Wtf