There's an old statement by Warren Buffett that is appropriate in response to your request for definition ("love the vol"):
"be greedy when others are fearful and fearful when others are greedy." So "I love the vol"-ality because it shakes the weak hands out of the stock. I have deep conviction this stock is going much higher and I love the pipeline of prospects based on my public diligence of the company and my contacts in and around Brazil. Hopefully management will do an excellent job of explaining that tomorrow on the conference call. So, shake the weak hands out of the stock, that makes the longs that much stronger.
You see, unless we are headed into an imminent recession, QPSA will re-gain its footing, stabilize and you are going to kick yourself for not buying here. I've been through this so many times in my young pro career, and I have learned to buy on extreme weakness.
The time to sell this stock will be after 1-2 quarters of ZERO games traction. Until then, let her rip.
All that said, I'm not a broken clock bull on this Company. I spent many years negative on its prospects. Abbott is the real deal and this consolidation will prove another buying opportunity.
fair_and_balanced_qpsa_maven
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