Really depends on what that news was and how much volume, and when that actually happened.
BUT yes, if the right news, I would be buying in at that price.
Right now my biggest concern is twofold.
1. PTAB- its sketchy at best of times and never really know what they
will do. I bought last time and really loaded up once we got out of PTAB
and will do that again as CAFC Judges, I really like them as far as how they will operate, especially if the PTAB does does some sketchy crap. A second trip to CAFC and its a slam dunk in my opinion. I don'tthink the current evidence will change anything at PTAB even with CAFC guidance, so new evidence, and really strong evidence would get me in BEFORE a PTAB decision. AT this point even if the price drops low enough intomy target range, I would not be buying till after PTAB hands down a decision.
2. As you all well know. Time. When does that happen, what is the next event or catalyst after that. I am rather committed now to a couple of other plays which should pan out within 6 months for heavy gains. I made other moves based on my timeline here as I am pretty confident on it.
I have left a few outs, as the big selloff/correction this week opened up a few things that gives me more flexibility now.
Thought end of the day yesterday was the panic selling before the bounce. Bought some stuff this morning, and they rose quickly, think that will continue tomorrow.
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