Post by
Indicator on Dec 15, 2022 12:08pm
The temptation is to buy as it pulls ... but ....
The safer approach is to buy as/when it firms off a new low and be willing to miss the absolute first moves. i.e. show us the money!
Catching bounces is nimble day trading scalper territory while I presume most here are wantng to see a firm bottom and real reversal.
Lots of movng parts here yet!
.
Comment by
1condor on Dec 15, 2022 12:43pm
Incidator...you are right about the moving parts with this one...some of these parts are big and no doubt can move the stock in a significant way (both up and down). I believe the big one is the divvy and will they go with the 50 percent cut or something less...and has this "inevitable" cut been baked into the SP. Unfortunately until this is addressed the stock will at best tread water.