RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nevermind I take that backOk, we have a difference of opinions here. I don't think this is a loser, granted it is below the level of last Oct, but this stock fundamentals are very solid and this will in time bring the stock back to $39-$40 (barring any unexpected drop in sales etc.).
With respect to entry point, no point rushing in if one think that the entry will be lower than $34. This may sound like I'm contradicting the previous paragraph, but it is not because I'm thinking short and long-term. So, in the short-term I expect the price to be around $32-$33, in the long-term, say a year, I do see this stock around your entry point. Hence my suggestion to average down, collect divvy and wait!
PinnacleX wrote:
Over my 17 years in the stock market Ive learned not to average down into a loser. Hey, only thing that matters is, I get my money back now and get out this nightmare. I mean this thing was up 70 plus cents today and just gave it all back. Please come back and tell me when SP bottoms I thought 34 was your entry point.