far as i can see this drop is all about lowered earnings, past qtr., and lowered earning expectations going forward. doesn't strike me as a big deal. development news doesn't seem to mean a lot right now.
i've been buying; grabbed all i could afford at 10 3/4 - not much of a timer, am i? move into the 9's interesting. i think it has gone under 10 x 3, briefly each time, in the last several months. if you bought there, which i did in dec., you made good money. even if you just held on you are still ahead. i just can't buy more - too much of my portfolio, 30% now, is in the stuff, and this is overkill.
hope the followers here bought at a better price than i did. love the dips. don |