3 times to add/open a position last 3-4 years:
-after Browne left and Foley became CEO. Pps was down daily for months prior, bottomed in 10's in spring/summer of '19 before peaking in 20's in '20
-after failed inspection Oct '21, on sale from mid 12's up
-short raid just recently - brought pps into low 18's prior to short squeeze, +50% 1/9/23
If you didn't add or open at any (and at the time there was perceived risk adding/opening for all three, both micro & macro), you are most likely nowhere in terms of making money, (considering opportunity costs lost probably down), because it's been hoeing the same ground ad nauseam in between the 3 big dips after recoveries. Needs to break 30. When/if it does, it can run finally, and I think it eventually will fairly soon