RE:Wonder how much the houses will let it drop?Well, clearly the market is beginning a Fall correction. Remains to be seen if this will be a minor blip, or a bigger 10% or 20% drop. It's kind of smelling like the start of something fairly big, I'm afraid.
For SVC, the timing of the revised guidance looks very unfortunate. Combined with an overall correction the downward momentum gets amplified. Hopefully we will get some kind of good news fairly soon as a counter weight.
Oh well, as much as it hurts I'm in for the long term. Will scrape together my left over cash to buy some more if we dip to $2.50.