Why now is actually more excitingOne positive way of looking at things is - the more mispriced and depressed a stock, the greater the upside and potential gains. Hedge funds know this all too well, hence why they drive SP down, only to load up for easy profits. This is a strategic time of year to undermine vulnerable stocks (the SPR, Interest rates hikes, warmer weather) have made O and G's victim to the seasonal 'tax time' assault - as money is lean with retail investors due to rising costs all around and weaker investment returns, paired with taxes on the horizon - you have people more easily selling out of fear and defensively to preserve what they have. The hedge funds are having a hay day, as the stocks are defying true logic and cause investors to question the safety of their dollars.
It is my belief to use the same fear the hedge funds use to add, not sell - this is how real gains are made. Look to the future, not to the today.
IMO and GLTA