Outerwall, Inc. (OUTR)

[Dumbarse]

LOL, no. This stock was never going to see 49 this week, in fact it was easy to predict that the share price would go down. Not because I don't like the stock (I do - it's why I'm here browsing the board), it's because:

a) Fiscal cliff.
b) At the end of the year, capital gains taxes are going up. All the big players are going to be slowly selling from now to the end of the year.

Stocks are going on sale. It's why I sold all my positions by election day and I'm sitting on cash waiting for the end of December. Barring some fiscal cliff craziness where we get downgraded again or something, I'll be loading up for the huge pop once the fiscal cliff gets resolved and the year is over.

Even without the fiscal cliff issue, stocks would be getting sold. Again, capital gains taxes are going up. Big players are selling. This is news you should have been paying attention to. It's nothing new.

The only concern with a stock like CSTR, as opposed to maybe some other stock, is that news could come out in regards to their Verizon deal to make it pop. Other than that ... Stocks are going on sale!

Of course, I could be wrong, but that's my strategy right now.