I have one position that has dropped significantly and has the potential to become a really deep diver.
It has been hurt by rising interest rates and a questionable acquisition. Some of it's maturing debt is coming due in 2023 and will have to be refinanced at higher rates. It has had a good dividend record but some observers think that it is only a matter of time before it gets cut.
It has dropped from a high of 22.50 to a recent low of 9.89 and closed at 10.28 on Friday. 2010 low was 3.40.
My next AIM buy is at 9.48. I will be following the plan as I believe the longer term prospects for this company are good.
Fortunately, some of my other positions have performed much better and are offsetting some of this downturn: