Webster, re COMS, MRVC and comm sector.
Yikes, all bets are off when a stock dives 20% in a day, or less,
who knows? It may bounce up 5 points from here.
I do think the selloff is overblown, and this could be a good opp to get bargain prices, but I dont do that...we could still see 35 before we see 45.
35 does look to be major major support. thinking of bottom-picking?
let me know how it turns out if you do.
What a day. COMS is having a negative impact on the entire comm sector, especially following the bad news last week on cisco. Some good buys in the downdraft?
Amazingly, MRVC has been taking it in stride, altho in a 4 point range
from 26-30. |
