Smurfit-Stone Container (fka SSCC)

[The Real Titan]

Yes, I completely agree with your assessment. The only reason I will flip this, as I am with several other big board plays, is to protect my capital and accumulate shares at such ridiculously undervalued prices.

Sooner or later these markets will find their bottom and slowly begin to turn, but by then the bargain prices will be long gone.

So I use a large cash position to take advantage of the daily channels on stocks I want to accumulate until the recovery/turn comes, as they'll at least double or triple when this finally takes place.

It also keeps me liquid, except for the free shares I manage to accumulate, but as those are the proceeds from playing said stocks channel, then its not painful if they drift a bit lower short term.

Anyways, we'll be back above $1.00 soon enough, so I'm using this time to try and build up a nice position of free shares.

Good Luck!!!