Chris,
you must forgive yourself, if in fact it is a false bottom, because "nothing ventured nothing gained", besides just because you buy a stock at a certain price does not mean, that will be the low, but that would be the ultimate situation.
If you believe you have provided yourself an opportunity to make money, stick to your guns, chances are you will be right eventually.
I have been watching CTYS, and some questions i would ask about the nature of their buisness is, Do they require MI, is most of the loans secured by seconds, thirds, or what also, what is a high number for loan losses and how much money do they have escrowed to pay for the losses. |
