<<low reached today>>
Very well could be. I really didn't think it would drop much below $6, to be honest. Now that it has, I think $4.50 is the next test. My concern now, is the drop on fairly light volume...very bearish.
As much as I'd love to get in lower, I hope it hold where it is, and starts an upward trend. I'd rather buy higher, on bullish signs, then lower on bearish signs. Honestly, those that are long, may even be hoping for more of a drop. If you believe in the company long term, then this kind of drop is simply an averaging down opportunity. If you believed at $10+, surely you still believe now....and what an opportunity.
In any event, I have a buy in at $4.50...we'll see if it gets filled next week.....if not, I'll pay $7.00, on the way back up...
have a great weekend to all |
