Teddy, here's my opinion FWIW
Teddy, unfortunately, this is now a trading stock. If we ever do see $11 again in the near future, the shorts will pound it back down.
If you're a long term investor, and if you are not leveraged, I would recommend holding.
However, if you think that there's a chance that we'll see $11 soon, IMO you're smoking something funny.
Some shorts are covering today. But, today is totally institutions dumping. Period. They don't care at what price, if they want to dump 2 MM shares, they will take whatever they can get.
Anyway, remember what I said last night. At $8, this is definitely a takeover target. |
