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Wednesday, December 20, 2017 12:33:40 PM
I was thinking maybe the scare would temporarily break us all the way below 3’s today and it may still happen.
Near term? Some happy shorts and worried investors.
Long term? Recovery - assuming things are taken care of and resolved. Every successful company on this earth has had to fight their share of legal battles.
I won’t paint a field of daisies on this one, but it’s not hellfire and brimstone either. I can tell you what this looks like to me, and that’s well timed negative coverage allowing a nice discount. I can guarantee folks like HD were praying to prey on the fear that something like this can create.
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