RE:in
The first reaction is always an overreaction. It seems a bit orchestrated in that all the negative news was lumped together and the press does love bad news. The price reaction defies logic but that is normal human behavior. The herd is stampeding. It is hard to know where the bottom will be for sure but I can't imagine that we are not approaching it shortlly...by Tuesday at the latest.
BMO says its a +$9 stock and CIBC is much more optimistic even with all that is going on.
The end of the tax year for writing off losses ends then so that removes a major motivation for selling this stock. That and this shareprice being now so out of whack should bring about a short term rebound. Cleaning up the books and getting out of the courtroom should get things back to business in 2014.
Glad I bought in at $8.10 the first time and will be happy to put this under the tree for Christmas at the present price or lower.