RE: Under pressureI also never thought it would drop below $7.50. Now this 7 to 8% drop is an overreaction IMO and can't last very long. ELD looks to be oversold.
I have added 2+ k shares today as I consider it a a buying opportunity.
I expect it to bounce back shortly and perhaps approach 9 once the quarter fin. results are released.
Anyway, markets are currently very shaky and unpredictable.