Stuff!jjward...you're welcome...no one ever said this stuff was easy....nor has anyone ever accused me of simply trying to be popular...LOL We cannot be sure the stock has found it's current bottom but based on the snap back today on good volume, it looks likely.
goldbug...Regarding investing in stocks, I will share an analogy that I have often shared with friends. When I started trading stocks about 8 years ago, I looked at the water & decided to get my feet wet...while doing this I wondered how deep the water was. First I thought it was perhaps like a swimming pool, the further in I went the deeper I realized it was....perhaps more like a pond...then a lake...then a huge lake & finally I discovered it was an ocean. I likely average about 2-3 hours per day working on my investing but I love it. I think I still learn as much every day today as I did 5 years ago. I know it will be a never ending education for me as long as I am alive.
Now that I have shared that drivel with you, I will comment on your "you don't want to catch a falling knife". This could mean different things to different people. I get great pleasure from buying a good stock when it gets unfairly punished & beaten down. My deep analysis tells me when it is "on sale". Sometimes I get burned but most of time I win from the activity & relish the fact that I was right & made money for being so.
Buying a stock that is falling hard because there has been a breakdown in the company fundamentals is equivalent to trying to "catch a falling knife". Buying a stock that has really good fundamentals that remain in tact but has been unfairly punished is not trying to "catch a falling knife". It is good investing based on solid fundamental analysis, combined with some technical analysis if you want to increase your odds, and being an opportunist. I'm done now...Cheers!!!