RE:RE:RE:RE:HALT COMING...We'll be fine. We are so oversold. Down day disasters like this are painful to be sure but we've been down 3 days straight...at some point the bleeding stops and the buying begins again.
This type of volatility is pure heartache. I am thinking that the banks will buy at capitulation. Where is that? I'm thinking we might be in that range now. They are picking over the carcass now. CIBC and ANON are buying and we'll see who else at the close. I am still confident that nothing has changed other than the stock price today. The business is still the same as it was when we were at $22 a share. This industry is filled with shorters and day traders. Once the banks and institutionals buy in this should stabilize a bit, I hope.
Atheena