I'm thinking there's a lower level to scoop at here.
Since we've seen a few significant drops only to then
see a solid rebound later. Held off scooping the past 6
months on the drops and have regretted it.
Anyone recall the $50M put into escrow for HLS to purchase
IDWD? As long as that's still there, it's easier to believe
that a long position is still viable.
If this one takes a hard short dump in price, it easy to
imagine that those of us who have cautious will probably
jump in hard if the volume is there to accumulate and
provide a decent recovery when it spikes back up and levels
off. Then once initial costs are all covered, it's a little
easier to sit back and wait patiently on the remaining shares.
My opinion is just that, my opinion.
So make no investment decisions based on my opinion.
#board-9931
