Hmm, if she can't hold $18, next support is right at the 52 week low around 15ish....if she breaks her 52 week low, I think she enters 'oversold' territory and could be worth a gamble play under $10.
Lots of negatives and positives surrounding the BUS, but on positive news, she normally see's a very nice pop....so who knows, maybe under $10 it may be worth nibbling just a tad....keep buying from $10 to as low as she goes, keeping average cost basis close to current pricing, allowing for an exit and a nice profit on any move up......Lets assume I buy at $10 and she drops all the way to $2...I should be able to keep my cost basis pretty low and get out on any pop up, with a profit......so, even if we dont get good news, all I would need is a decent up day to get out even or with a profit, assuming I keep my cost basis low....anyway, I'll keep watching and see how things look IF she drops below $10...... |